Do Airlines Make Money From First Class?

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  • čas přidán 20. 11. 2019
  • Delta Air Lines, United Airlines and American Airlines make a lot of their money at the front of the plane. A strong economy and industry consolidation has allowed the airlines, in recent years, to invest in more fuel efficient planes with better cabins focusing on premium classes. One focus has been rethinking business class. First class internationally and on some key domestic routes has become a hybrid of first and business class.
    As of November 2019, if you wanted to book a first class round trip flight on Emirates from JFK to Dubai at the last minute it could cost you over $23,000.
    Flying from New York to Mumbai? Etihad Airways offers a three-room luxury suite called The Residence which features a private bathroom, a private living room and a personal butler. Flying round trip on Etihad for that flight could be over $36,000.
    And, for about $3,000, American Airlines Flagship First fliers can go from New York to Los Angeles with access to an exclusive check-in area and premium wines in the flagship lounge.
    While the airlines make a significant amount of money packing people into coach like cattle, premium cabins like business and first class are still a major source of income for U.S carriers.
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    Do Airlines Make Money From First Class?

Komentáře • 2,1K

  • @sufi5uk
    @sufi5uk Před 4 lety +5885

    95% of the people who watch this can barely afford economy class

  • @muhammadwaabis2717
    @muhammadwaabis2717 Před 4 lety +2981

    "The airlines in the US have headed for their tenth straight year of profitability"
    2020: Hold my beer

    • @divrajbajwa
      @divrajbajwa Před 3 lety +36

      i really cracked up at that 😂

    • @user-tf5wd8pm5w
      @user-tf5wd8pm5w Před 3 lety +12

      3030: Hold my solar system

    • @flyhighlow3
      @flyhighlow3 Před 3 lety +23

      Hold my Corona

    • @reveka8610
      @reveka8610 Před 3 lety +3

      Couldn't agree more but so cringy omg

    • @AllUpOns
      @AllUpOns Před 3 lety +16

      Kinda makes you wonder why they need to be bailed out...

  • @ckm-mkc
    @ckm-mkc Před 4 lety +1886

    7 months later, this all seems like ancient history....

  • @Drakotar
    @Drakotar Před 4 lety +1729

    Premium economy isn’t “business class junior”, it’s economy with an extra pillow for more.

    • @gabriellesimoneau9958
      @gabriellesimoneau9958 Před 4 lety +87

      Drakotar and like two more inches of leg room

    • @joesantamaria5874
      @joesantamaria5874 Před 4 lety +101

      Unless you are on a ‘real’ airline like British Airways, like from New York to London, wider seat, more recline, better food. It’s way comfy.

    • @ThisWorldOfEpicness
      @ThisWorldOfEpicness Před 4 lety +69

      For US-based airlines maybe, but around the world it can be a far more compelling product.

    • @tw25rw
      @tw25rw Před 4 lety +19

      It's true. It's just better economy. And unless you are larger, there is little benefit. That includes BA. In reality, it's what long haul economy should be like.

    • @fispen875
      @fispen875 Před 4 lety +1

      Drakotar reported

  • @percslushee8411
    @percslushee8411 Před 4 lety +8440

    A $36000 flight. That’s okay I’ll just swim

    • @Neftegna
      @Neftegna Před 4 lety +421

      armed with google maps 😂

    • @Malisti04
      @Malisti04 Před 4 lety +73

      it's not even a charter. 🙄🙄🙄🙄

    • @Timothee_Chalamet_CMBYN
      @Timothee_Chalamet_CMBYN Před 4 lety +245

      When you’re a millionaire (30 million plus wealth) that $36,000 is like a regular flight for them.

    • @kimchi_taco
      @kimchi_taco Před 4 lety +150

      @@Timothee_Chalamet_CMBYN 30 times flight consumes $1M. Billionaire may feel like that.

    • @Lynx-vi3bi
      @Lynx-vi3bi Před 4 lety +49

      @@kimchi_taco Eh, 30 flights is basically a whole lifetime of flying for a person that flies around once a year. 30*1000 for economy class is 30,000. The average person probably has less than that so that's probably pretty accurate. And those guys obviously replensih their money too

  • @robertopena6621
    @robertopena6621 Před 4 lety +3545

    For $36K I’ll learn how to fly

    • @kat7939
      @kat7939 Před 4 lety +9

      Roberto Tadeo Peña Rios 😂😂

    • @giacomosimongini5452
      @giacomosimongini5452 Před 4 lety +79

      And grow a pair of wings too?

    • @dosmastrify
      @dosmastrify Před 4 lety +75

      @@giacomosimongini5452 sure why not?

    • @matthewk2501
      @matthewk2501 Před 4 lety +35

      Roberto Tadeo Peña Rios Not to brag of my knowledge, but it actually cost around 90 to over £100,000 for training :)

    • @dosmastrify
      @dosmastrify Před 4 lety +7

      @@matthewk2501 isnt wrong

  • @jasozilux3791
    @jasozilux3791 Před 3 lety +546

    Corona Virus: I'm about to end this man's whole career...

    • @naruciakk
      @naruciakk Před 3 lety +1

      tbh, First Class definitely won't die. Just some reduction in service until demand recovers

    • @campkira
      @campkira Před 3 lety

      first class only cover 20% of the flight cost..econony carry about 50%... the rest are busines class...

    • @KiLLJoYYouTube
      @KiLLJoYYouTube Před 3 lety +1

      Just wait until next year and the summer

  • @sourie821
    @sourie821 Před 4 lety +1013

    International airlines are soooo much better than American ones

    • @oinkpiggin
      @oinkpiggin Před 4 lety +93

      Due to monopoly and government subsidized. Emirate, for ex, is owned by UAE gov. Therefore, it has no competition in its own country and get massive helps from its government to destroy the competition in unfair ways.

    • @matthewdoig1966
      @matthewdoig1966 Před 4 lety +36

      KamekoBruns because prices are cheap so bad for airline but good for customers I can get from uk to Spain for £40

    • @PARABOLA1966
      @PARABOLA1966 Před 4 lety +7

      @KamekoBruns Keep waiting...

    • @AznAnarchy99
      @AznAnarchy99 Před 4 lety +7

      9 LAZARUS singapore, Emirates, ethiad, Ana, jal,

    • @angelgjr1999
      @angelgjr1999 Před 4 lety +4

      Delta is pretty good imo.

  • @MarkWTK
    @MarkWTK Před 4 lety +3100

    i like how every business class footage shows someone with a hand carry, or a laptop or else how will we know that they are business people

    • @dyrichard
      @dyrichard Před 4 lety +101

      They usually don’t have large luggage which I find funny because they are allocated more than economy ticket holders.

    • @OscarMartinez-rz8sf
      @OscarMartinez-rz8sf Před 4 lety +57

      The tie is a far better indicator that they are business people.

    • @kav2000
      @kav2000 Před 4 lety +69

      @Jesus Christ, I'm 19 and I fly on business class or first class and I can confirm this that my face is always I'm the best and better than you.

    • @khaipinaulak485
      @khaipinaulak485 Před 4 lety +15

      5:57 WHAT DID HE SAY???

    • @aerojetrocketdyners-2538
      @aerojetrocketdyners-2538 Před 4 lety +78

      @@kav2000 ok zoomer

  • @deutschebahnag9471
    @deutschebahnag9471 Před 4 lety +2778

    Silly question. Why should they have a first class if they don’t make profit

    • @Malisti04
      @Malisti04 Před 4 lety +133

      For image?

    • @seporokey
      @seporokey Před 4 lety +410

      Sometimes, the image/story/status that a product creates ends up making the company more money in the long term. A couple of years ago, Volkswagon was losing millions on each Bugatti Veyron sold, but they're still making Bugattis. Clearly, they are seeing value created in other areas.

    • @ieditedmyname289
      @ieditedmyname289 Před 4 lety +43

      seporokey
      They are still losing money on the Chiron, about £1.5 millions per unit sold!

    • @iMadrid11
      @iMadrid11 Před 4 lety +49

      I edited my name Bugatti is earning its money back when you service the Chiron. Which you periodically have to do to maintain the car. N

    • @Malisti04
      @Malisti04 Před 4 lety +13

      @@iMadrid11 surely you will maintain.... You don't want to break down driving a Bugatti, noooo.

  • @avinchak08
    @avinchak08 Před 4 lety +138

    November 2019: $$$$$$$$$$$$$$$$ airplanes 24/7!!!!!!!!
    April 2020: WHats an airplane?

    • @zxKAOS1
      @zxKAOS1 Před 4 lety +3

      The hell with airplanes.. I haven't used Google Maps in the longest time

    • @qhayiyamadlanga1686
      @qhayiyamadlanga1686 Před 4 lety +4

      So there is another that was chosen by the algorithm Gods during quarantine.

  • @bluerationality
    @bluerationality Před 4 lety +96

    Premium economy was not business junior. It is more like the old economy.

    • @Jachimma
      @Jachimma Před 4 lety +2

      Thank you! Americans copy and still get it wrong lol

    • @kitsontuli2713
      @kitsontuli2713 Před 4 lety +1

      This!

    • @dijoxx
      @dijoxx Před 2 lety

      Maybe in your country

  • @andersonandrighi4539
    @andersonandrighi4539 Před 4 lety +2487

    This is a Wendover production video... No wait!

    • @g00rb4u
      @g00rb4u Před 4 lety +55

      That's the first thing I thought of! (having just watched a HAI video minutes ago)

    • @maximiIiaan
      @maximiIiaan Před 4 lety +42

      but worse

    • @bler43
      @bler43 Před 4 lety +16

      haha! was about to comment the same thing lol but wendover explained it far better lol

    • @cxaviation3313
      @cxaviation3313 Před 4 lety +9

      No joke I just commented that

    • @techhelpportal7778
      @techhelpportal7778 Před 4 lety +1

      Lol

  • @yawde9965
    @yawde9965 Před 4 lety +1206

    Next episode: do airlines use airplanes to fly?

  • @glenncurley680
    @glenncurley680 Před 3 lety +60

    My 8 year old Son and I were flying from Miami to Toronto and the flight attendant
    ask if we would like to be moved to 1st Class for no charge. It was awesome!
    I'm not a drinker but they were very attentive in every way!

    • @lordz19
      @lordz19 Před 3 lety +3

      That’s awesome dude!

  • @alexlindsay9393
    @alexlindsay9393 Před 3 lety +66

    ''why are 1st class tickets so expensive'
    literally has wine/other alcohols, private butler, own suite, lie-flat beds, showers, lounges in the airport
    hmm

  • @senortizzle
    @senortizzle Před 4 lety +828

    Just yesterday I was debating whether or not to drop an extra $11 bucks for the privilege of picking my seat in advance on AA. I feel poor.

    • @MrJosephVidz
      @MrJosephVidz Před 4 lety +10

      😂😂😂😂😂😂😂😂😂😂😂😂

    • @edboysega321
      @edboysega321 Před 4 lety +110

      only 90's kids remember when you could select a seat for free

    • @Renegadeproject
      @Renegadeproject Před 4 lety +1

      I feel your pain

    • @TheInevitableHulk
      @TheInevitableHulk Před 4 lety +5

      You can select your seat on AA for free if you go in person after buying your ticket online my but that would require you to go in person before other people reserve them so unlikely unless you go early and select from the pool of seats from others haven't reserved yet.

    • @BewareTheLilyOfTheValley
      @BewareTheLilyOfTheValley Před 4 lety +9

      Pay the extra $11, lol. Picking your seat is such a relief. I always go for windows and except for the time I too nicely let an obese couple have the window and middle seats (okay, I'm no model myself but i wasn't as big as them), I've always gotten the window seat when allowed to choose my preference. Also, never again am I ever letting someone have that precious spot if I got it because the aisle seat was way too uncomfortable. Better than the middle but still.

  • @Al_Tru
    @Al_Tru Před 4 lety +638

    This should really be titled: do airlines really make money from economy seats?

    • @georgewbush7
      @georgewbush7 Před 4 lety +66

      And the answer is
      Yes

    • @houchi69
      @houchi69 Před 4 lety +13

      @@georgewbush7 Most of the time, no.

    • @fadrium1464
      @fadrium1464 Před 4 lety +38

      Well according this video business travelers only count for 5% of total passanger but contribute 30% of total revenue, so many airlines actually make only 15-25% profit from their operations so, economy passanger is not actually making airlines money, but just important to cover the cost, profit only come if business travelers come on board.

    • @lextacy2008
      @lextacy2008 Před 4 lety +25

      @@fadrium1464 Interesting. What we are seeing here is the rich, who typically get free stuff, subsidize economy, who in which flies less than the free stuff crowd. I like this model because it allows anyone to fly, but does not penalize passengers because they only fly once a year.

    • @Vlad2319
      @Vlad2319 Před 4 lety +13

      There's a different video showing the actual math behind this. It it's simplicity business class and first class that truly make money. Economy/economy plus/premium (however you want to call not being a sardine for more than 4 hrs) really cover base costs. Of course if you book early enough most seats end up being pretty cheap.

  • @joemute2246
    @joemute2246 Před 3 lety +199

    “The us airlines are doing quite well frankly”
    *COVID has entered the chat

  • @Inf7cted
    @Inf7cted Před 4 lety +18

    I flew 1st class once. I was 10 years old at the time flying alone. The airline had one open spot and they gave it too me. :)

    • @shmuelosina9099
      @shmuelosina9099 Před 4 lety +1

      How do u fly alone when ur 10 don’t you need and ID or something

    • @Inf7cted
      @Inf7cted Před 4 lety +2

      @@shmuelosina9099 Parent sent me on my way to meet up with another family member on the other side of the country.

    • @shmuelosina9099
      @shmuelosina9099 Před 4 lety

      Inf7cted But don’t you need and ID

    • @Inf7cted
      @Inf7cted Před 4 lety +2

      @@shmuelosina9099 this was ages ago before 9/11 - just remember being alone and they asked me if I would like to sit in first class - one of the girls grabbed my hand and took me to the chair.

    • @shmuelosina9099
      @shmuelosina9099 Před 4 lety

      Inf7cted OH I UNDERSTAND

  • @NiggaTigga94
    @NiggaTigga94 Před 4 lety +467

    I'mma save y'all 14:08 of your time:
    Short answer is: YES

    • @rudyishoggin
      @rudyishoggin Před 4 lety +12

      MY DUDE

    • @user-kp4gu7yp4v
      @user-kp4gu7yp4v Před 4 lety +4

      Thx bro love u🙂

    • @dosmastrify
      @dosmastrify Před 4 lety +2

      Yo wat up tigga

    • @dumyjobby
      @dumyjobby Před 4 lety +1

      Shake hands

    • @siamorego
      @siamorego Před 4 lety +2

      Hi everyone, if interested, here's a truffle festival video from Apecchio, Italy.
      czcams.com/video/bYyD3XE33Ic/video.html

  • @tommalfoy8539
    @tommalfoy8539 Před 4 lety +383

    "Do Airlines Make Money From First Class"
    .
    Thumbnail shows Emirates 777 Business Class

    • @blueguest222
      @blueguest222 Před 4 lety +13

      EXACTLY

    • @erickrahi9765
      @erickrahi9765 Před 4 lety +1

      Lol

    • @john40539
      @john40539 Před 4 lety +9

      The photo of Premium Economy they showed was actually United Economy Plus, not Premium Plus too

    • @siamorego
      @siamorego Před 4 lety +1

      Hi everyone, if interested, here's a truffle festival video from Apecchio, Italy.
      czcams.com/video/bYyD3XE33Ic/video.html

  • @enam98
    @enam98 Před 4 lety +22

    I'll stick to my.. booked 3 months early £5 ticket. 👍🏼

  • @KQueen39
    @KQueen39 Před 4 lety +168

    This video did not age well

  • @HS-PGX
    @HS-PGX Před 4 lety +226

    Spoiler: all these can be bought using miles except for the residence.

    • @stefantravis3451
      @stefantravis3451 Před 4 lety +7

      First class amenities are honestly crap and very cheap.

    • @shimizukebin
      @shimizukebin Před 4 lety

      It will take a lot of time to save them, but I think it's definitely worth it!!

    • @HS-PGX
      @HS-PGX Před 4 lety +3

      清水ケビン You can use credit card points as well. I think ANA and JCB do lots of credit card points, and ANA mileage club is essentially a credit card company. In America they are absolutely abundant.

    • @HS-PGX
      @HS-PGX Před 4 lety +3

      Stefan Travis depends on which airline, and your definition of first class. If it’s the american definition of first class, the rest of the world calls that business class. Air travel in the US is pretty crap compared to the rest of the world. First class can be pretty luxurious. My favourite first class is SWISS. Their amenities include La Prairie ( a VERY expensive brand) Laurent-Perrier champagne, Evian skincare products, and a lot more. The only airlines I can think that do a crap first class are Air China, American Airlines (they use the same seat as Qatar biz for their first class?) and Air India.

    • @siamorego
      @siamorego Před 4 lety

      Hi everyone, if interested, here's a truffle festival video from Apecchio, Italy.
      czcams.com/video/bYyD3XE33Ic/video.html

  • @GraveUypo
    @GraveUypo Před 4 lety +195

    i love paying $30k for three hours in a flying 2-star hostel.

    • @aaronsalentine7876
      @aaronsalentine7876 Před 4 lety +4

      Thats one way of putting it. 😆🤣

    • @squippites7356
      @squippites7356 Před 4 lety +6

      What about flights across the world that are 10-15 hours

    • @starynights9769
      @starynights9769 Před 4 lety +2

      @@squippites7356 business class seats take less spice and now you can lay flat in those seats

    • @dim9753
      @dim9753 Před 4 lety +5

      @@starynights9769 yeah business for flying overseas (10+ hrs for me) is the best. You sleep most of the flight anyway so no need for all the extra "perks" in first

    • @LarryOfilms
      @LarryOfilms Před 4 lety +1

      Bee Phenix honestly I always saw travel as just getting from one place to the next so I make myself comfortable enough but I would rather pay more for a nice hotel room.

  • @tomschannel1568
    @tomschannel1568 Před 3 lety +1

    As someone that used to work in the airline industry, first and biz class is where they make money, economy class breaks even with minimal profit

  • @curly7985
    @curly7985 Před 4 lety +4

    these videos are very well researched and edited, I'm impressed. This channel should have more views

  • @weirdnomad8868
    @weirdnomad8868 Před 4 lety +44

    Premium economy=what you used to get on economy in the 1990s

    • @anthonyc4138
      @anthonyc4138 Před 4 lety

      @Stinger Grail yep

    • @saltysoysauce954
      @saltysoysauce954 Před 3 lety

      @Sky Honkler No, the airlines just wanted more costumers

    • @Vousie
      @Vousie Před 3 lety +1

      Well, it seems that First Class kept getting more and more extravagant, until too few people actually booked it. Business class got upgraded to have flat bed seats and Premium Economy got added...
      Basically: Business class is the new First Class and Premium Economy is the new Business class.

  • @Pwn3dbyth3n00b
    @Pwn3dbyth3n00b Před 4 lety +219

    Airlines make more money with their first class than they do with all the people in economy seating.

    • @jon-unicorn-doxxer
      @jon-unicorn-doxxer Před 4 lety +8

      actually its 60-40...but they make more money per unit tho...

    • @seandelaney1700
      @seandelaney1700 Před 4 lety +1

      @@jon-unicorn-doxxer You mean 40-60 or is it 30/70? They showed both examples.

    • @jon-unicorn-doxxer
      @jon-unicorn-doxxer Před 4 lety +2

      @@seandelaney1700 check 10:06 their main cabin revenue is 6billion and 4 billion in business and premium cabin...that's 60-40...

    • @seandelaney1700
      @seandelaney1700 Před 4 lety +4

      @@jon-unicorn-doxxer Yes, I was merely correcting your order to correspond to the statement you were responding to, no harm meant DM. And I was reminding viewers that they previously highlighted 30% for premium.

    • @jon-unicorn-doxxer
      @jon-unicorn-doxxer Před 4 lety +1

      @@seandelaney1700 but the guy I reply above says that most revenue are premium and business...so I put 60percent 1st instead of 40 to emphasize that economy class still make their most revenue...plus their 2019 sales is obviously 40 percent approximately, the 60-40 is the ratio I made between main cabin and premium and business cabin I don't put the other revenues... Because the guy above is talking about only the economy vs. premium revenues...

  • @ritzkola2302
    @ritzkola2302 Před 4 lety +44

    For $3000 that’s my seat for the rest of the year and I wanna carried from the check-in to the cabin and burped before I’m seated.

  • @taekwondotime
    @taekwondotime Před 4 lety +26

    Most airlines don't even have a first class section on the plane any more. That's totally old school. Most first class travellers moved on from flying commercial to flying on private jets.

    • @Angellady11
      @Angellady11 Před 3 lety +1

      True

    • @Angellady11
      @Angellady11 Před 3 lety

      But some rich people will do commercial to show off because they enjoy showing off

  • @ericlam4423
    @ericlam4423 Před 4 lety +112

    Title: Is first class profitable?
    Thumbnail: Shows a picture of emirates business class

    • @matthewk2501
      @matthewk2501 Před 4 lety +1

      Eric Lam Not a lot of people are going to recognise that as first class. I imagine most people who watch the video won’t have a clue what many different business and first class seats look like. The point they’re trying to make with the thumbnail is that it’s a luxury seat.

  • @MarioRafaelM
    @MarioRafaelM Před 4 lety +77

    1999: In the Future you'll do deals through a computer.
    2019: Business Trips still a thing.

    • @SG-to4mf
      @SG-to4mf Před 3 lety +4

      And then came 2020

    • @paynegarrett
      @paynegarrett Před 3 lety +3

      Now everything is done through video chats and home in 2021 🤣

  • @wearethemags6613
    @wearethemags6613 Před 3 lety +2

    Always ask the check-in clerk if there's a free upgrade available. Chances are, if there's empty seats in first or business, they will do it for you if you ask them nicely.

  • @ryanalmazi6802
    @ryanalmazi6802 Před 3 lety +2

    YES! Infact, the first class cabin is MORE PROFITABLE THAN ECONOMY, the more premium cabins get, the more they inflate the prices, and then more profit.

  • @nkosirooms9615
    @nkosirooms9615 Před 4 lety +15

    My economy ticket from South Africa is ok with me.I'm just happy to be on the plain .Traveling is amazing no matter how much your ticket cost.

  • @thezapata80
    @thezapata80 Před 4 lety +42

    I’ll be the happiest person even if I have to seat in economy. I just want to fly.

    • @Babumoshai..
      @Babumoshai.. Před 4 lety +3

      Economy class tickets are very cheap in India mumbai to delhi in vistara airline just cost 3,718 rupees 51$

    • @antoniobrignoni3722
      @antoniobrignoni3722 Před 4 lety +6

      flying is terrible my dude

    • @januszj.8547
      @januszj.8547 Před 4 lety +3

      Do people hang outside plane like they do on trains ?

    • @swapanjain892
      @swapanjain892 Před 4 lety +3

      @@januszj.8547 yeah...Tom cruise was inspired after watching Indians on planes.

    • @maten146
      @maten146 Před 4 lety

      You can afford it in Europe.
      The price can be at less than 30bucks

  • @NovejSpeed3
    @NovejSpeed3 Před 2 lety +1

    I got the upgrade of all upgrades. I was about 14 years old flying from DCA to Phx via CLE aboard a continental 737-700. At Cleveland a flight attendant approached me and said she had a mother and son flying together that were not sitting together and she was wondering if I was willing to give up my seat so they could sit together. She said she had a seat for me "up front in the first row" if I could. I said sure and proceeded to the first row (behind the first class bulkhead) still in the economy section and sat diwn. A few minutes later she came by and said "oh no sweety I meant the very first row...." I must have looked like a deer in headlights because she said the words nice and clear..."IN FIRST CLASS!" 😳🤯😵
    It would turn out it wasn't just the seat they gave me....I got the whole experience. Warm towels, warm snacking nuts, a pesto pasta with hot roll and ice cream Sundae. Of course served with silver ware. They baked cookies about 40 mins before landing just for us.....it was amazing it was 4.5 hours of bliss I even remember the inflight movie on my own personal screen ....(which was only in First class back then. The back had the screens that folded down from underneath the overhead luggage racks).anyways the movie was Bicentennial Man with the late Robin Williams....Best flight EVER!!!

  • @USDAselect
    @USDAselect Před 4 lety +1

    Very well made video. You guys squeezed in just the right amount of information for the feature's duration.

  • @AgnostosGnostos
    @AgnostosGnostos Před 4 lety +8

    A great omission of the video was the Concorde supersonic airplane. It flew for 26 years and had only one class.
    The size of Concorde's seats and legroom was similar to that of economy class seats. However the food and the service was beyond first class. And of course a transatlantic trip was made half the time.

  • @MarijuanaMotivatedTV
    @MarijuanaMotivatedTV Před 4 lety +6

    CNBC is my new go to for quality content. TY

  • @The_HouStoner
    @The_HouStoner Před 11 měsíci +1

    The commercial real estate company that I work for has 2 jets for us to use instead of flying and thus having to deal with the ever declining service of big airlines. We're able to hit 3-4 states for property tours and be back in Houston by dinner in the same day. I see now just exactly how pertinent it is to efficiency rather than what it looks like from the outside, which intitially I thought was status. This company has opened my eyes to so the other side and the methods behind these insanely busy people's madness. lol. Cheers.

  • @doujinflip
    @doujinflip Před 4 lety +3

    Half a year later, airlines increasingly under threat of going bankrupt. Where did 10 years of profits go? Probably some executive's stock options following another round of buybacks.

  • @alexobrien1529
    @alexobrien1529 Před 4 lety +194

    Butts in seats. Butts in seats. That’s how they make money

    • @alastairhewitt380
      @alastairhewitt380 Před 4 lety +1

      @I like Potatoes Love the country but the prices of flying in Brasil are ridiculous. They must be making money hand over fist.

    • @foxtrothawk7499
      @foxtrothawk7499 Před 4 lety

      @@alastairhewitt380 latam is honestly not expensive compared with Europe, It's quite cheap actually

    • @siamorego
      @siamorego Před 4 lety

      Hi everyone, if interested, here's a truffle festival video from Apecchio, Italy.
      czcams.com/video/bYyD3XE33Ic/video.html

    • @mjallen1308
      @mjallen1308 Před 4 lety

      Alex OBrien they make twice as much by putting one person with a big butt in two seats...

    • @johnleebass
      @johnleebass Před 4 lety

      Cargo (mostly), FC & BC is how make $$$

  • @RudieObias
    @RudieObias Před 4 lety +74

    If the plane goes down, first class is going to die in the same way as coach, but at a premium price! Haha!

    • @millennialgirlie2029
      @millennialgirlie2029 Před 4 lety

      😂👍🏿

    • @stopreadingmyusername4196
      @stopreadingmyusername4196 Před 4 lety +7

      Rudie Obias whatever makes you feel better buddy.

    • @jlust6660
      @jlust6660 Před 4 lety +12

      I'd rather die in comfort than folded up between two seatbacks they placed too closely together.

    • @davidhammond1475
      @davidhammond1475 Před 4 lety +4

      @3abd Alqurashi once the plane starts to noise dive, enjoyment is over.

    • @nata6025
      @nata6025 Před 4 lety

      Doesn't economy have a better chance of surviving because they're get less impact in the back and are protected by the wings?

  • @PassportBrosBusinessClass

    “First Class” on international flights has skyrocketed in price to $10,000-$30,000
    On big body jets like the A380 and 747, you may get a private cabin with a bed in addition to what you get in Business class.
    While a Business class flight still exceeds $4000 - $7000, it’s probably the more economical way to fly if you have flights exceeding 7 hours.
    That’s the ONLY WAY I fly since I need the space.
    + on demand drinking
    + on demand food
    + lay flat seating
    + Lounge access and specialized treatment make it worth the price.

  • @affanowais5338
    @affanowais5338 Před 4 lety +53

    Airlines making profit and money
    COVID-19: HOLD MY BEER JETS !

  • @superbanks3311
    @superbanks3311 Před 4 lety +8

    no, they do it out of the kindness of their hearts

  • @asianassassin5082
    @asianassassin5082 Před 4 lety +3

    When I was in the military delta upgraded my seating a few times to business. Being 6'6.5 /78.5 inches. the extra leg room was not enough. But now Ive adapted an try to always get the exit seat best bang for your buck if you're tall gents.

  • @kerilithia
    @kerilithia Před 3 lety +4

    Watching this in 2021 when the airlines are in a very different financial situation is quite amazing. There was a story recently about business class travelers getting dry cookies, cup noodles and no lounge access.

  • @digheanurag
    @digheanurag Před 4 lety +7

    I try to get Premium economy in any of the legacy carriers since their normal economy seat is just way too small. At least getting a human-sized seat shouldn’t be an up-charge.

  • @catlaw6081
    @catlaw6081 Před 4 lety +123

    Who’s watching this in June 2020 and just laughing to themselves whenever they mention the economy or how profitable airlines are 😂

    • @BlownMacTruck
      @BlownMacTruck Před 3 lety

      I’m watching this from May of 2021 and the airlines are laughing at your comment.

  • @GyanPrakash
    @GyanPrakash Před 3 lety +6

    Airlines : are profiting too much 😀
    Corona : Let me introduce myself 😎

  • @azae00Vids
    @azae00Vids Před 4 lety +2

    pro tip.. book an Eco window seat next to the exit and relax
    While you can't have your carry on below you during take off and landing you still are able to rest while in the air.

  • @Jetsignature
    @Jetsignature Před 3 lety +1

    Work for an airline! I flew business class all the time as a non rev passenger all over Europe and Asia for under $100 lol

  • @joshs4402
    @joshs4402 Před 4 lety +59

    Imagine taking a shower as the plane nosedives to the ground

  • @billionkek
    @billionkek Před 4 lety +21

    36k?? I'll skateboard to my destination before I pay that.

    • @Alleis
      @Alleis Před 3 lety

      @@youngfinance6319 36k for around 24 hours isn't much? Say what now.

    • @Alleis
      @Alleis Před 3 lety +1

      @@youngfinance6319 It's still expensive though, over 80 percent of people cannot afford something like that. Sure renting a private plane is more expensive but it's crazy how much money you can save by just flying business class instead of 1st class suites.

  • @andytaylor5960
    @andytaylor5960 Před 4 lety +1

    I flew from San Francisco to Honolulu first class & it was the experience of a lifetime!!! Cannot wait to do it again

  • @caitlinmah-soeung8486
    @caitlinmah-soeung8486 Před 4 lety +31

    Watching this while seeing that COVID-19 just destroyed the airline revenue record

    • @liamtaylor8709
      @liamtaylor8709 Před 4 lety +2

      I cringed when the guy said that Airlines have excellent margins.

  • @victornderu143
    @victornderu143 Před 4 lety +3

    Thanks to Delta and the CEO for being open with information.

  • @matthiasriehl
    @matthiasriehl Před 4 lety +31

    They mix international First with US domestic First which is more like an international Business class Seat

    • @john40539
      @john40539 Před 4 lety +3

      Actually, most International Premium Economy seats are the same as US Domestic First Class. Rockwell Collins MiQ

    • @jlust6660
      @jlust6660 Před 4 lety +3

      I also love how after slightly over a minute in they were already talking about US airlines, of which only one still offers a true first class product.

    • @joeo7257
      @joeo7257 Před 4 lety +1

      Domestically they call it Business/First because bean counters will not pay for first class, but they will pay for B/F.

  • @billanddeannapaglierani4833

    Delta screwed us this year. After being nice about a delayed flight due to their code share Skywest not having crew. We delayed our flight by a day. The next day they then tell us we won't make our connection which was in First. We again agree to another change and they stuck us in Coach. Upon arriving to the airport the agent asked us why they changed us, the plane was going to make it in time for the connection. When she tried to move us back they had blocked out our seats, so the agent told us to head straight to the next gate. We did was we were told and the agent at the connection said sorry those seats have been filled. I asked filled or sold? She wouldn't answer, at the end of the day we went from purchased First class seats to the worst seats on the plane. Very back against the bulk head. We were given 200.00 refund per ticket as if that actually covered the difference. Not to mention Delta would be compensated for the failure of Skywest to make the flight as well as the fact they were then able to sell our seats at premium rates. And people wonder why folks flip out. In general I am a free market guy, however for Airlines it's time for more regulations!

  • @steventravels4035
    @steventravels4035 Před 3 lety +1

    I fly business class domestically and sometimes internationally. You can find some really good rates if you devote time and energy to find them. My first flight in international business class is to Bogota, Colombia for $1000 roundtrip.

  • @babydrum
    @babydrum Před 3 lety +3

    I've taken the Emirates flight first class from Dubai to LA a couple of times and their business class also. I have to say, the first class is pretty awesome and the business is the best I've tried. This last flight they had the floor to ceiling sliding suite doors and the previous time the doors only went up about 3/4 of the way. I had the caviar but nobody told me it was unlimited so I only had one serving. I did drink my weight in Dom Perignon though! Don't even get me started about the first class lounge in Dubai! I did it all using miles. I don't know how much longer they will honor them but I will continue to enjoy the lifestyle until they don't. It's hard to believe that is a government owned airline.

  • @Messerschmidt_Me-262
    @Messerschmidt_Me-262 Před 4 lety +4

    Airline classes in a nutshell:
    Economy: Tin can in the sky.
    Premium Economy: Same Tin can but with extra legroom for slightly richer fishes (humans)
    Business class: Sofa+ Bed on the sky.
    First class: Same as business with better food and beverage and on Emirates, a whole bathroom to yourself.

  • @Asuran_ff_123
    @Asuran_ff_123 Před 4 lety +1

    i am looking your video , very super thanks

  • @TobyCostaRica
    @TobyCostaRica Před 4 lety +1

    I'd go premium seating if it was 2x more, but its sometimes 6x more. The service/food and space/seating isn't 6x better.

  • @GabeSurtos
    @GabeSurtos Před 4 lety +13

    "They had a piano bar"
    Me: cool
    "But it was actually an organ"
    Me: *Wot?*

  • @assortedbibssundayfootball1312

    I bet that they don't make as big a margin as the flights in the Caribbean. These are amongst the most expensive in the world, covering short distances and could use some disruption, especially in The Grenadines.

  • @PhilOfAces1987
    @PhilOfAces1987 Před 4 lety +1

    Flying from the UK to Thailand for my annual holiday i have paid for business class all the way each time after feeling really rough and unwell in a packed economy four years ago, for me its well worth it for longhaul flights once a year.

  • @thomasaquinas5262
    @thomasaquinas5262 Před 3 lety +2

    The profit per passenger of First Class is normally enough to support the concept even in the face of some empty seats. One thing that puzzles me: Boeing could easily design a wall that could be slid to expand the main cabin, depending upon the demand of 1st and economy class. There are some flights where it's a ghost town up front. If on those flights they could recover 4 to 8 seats and sell them economy in the expanded economy cabin, that would get maximum revenue.

  • @RedVelocityTV
    @RedVelocityTV Před 4 lety +18

    Change the title to history of first class in US airlines 👍🏼

  • @dioakbar708
    @dioakbar708 Před 4 lety +30

    leslie josephh at 9:42 " airline are headed to their tenth year of profitability"
    covid - 19: " hold my mask"

  • @azae00Vids
    @azae00Vids Před 4 lety +2

    Most companies are developing virtual meetings with product such as (but not limited to) Halo Lens, MS Teams, Skype, etc., The new business model will be to ensure internal resources can work whenever faster, and when collaborative inspiration strikes. Air travel takes time, hotel cost, food, internal travel (cabs, subway, bus) to name a few. These cost will typically be passed along to the clients driving the product cost up which to be competitive isn't a good thing. While this isn't the overall issues for the business class trip airlines should review their designs to make it more appealing for all travelers because the future need to rely on the business person may be in jeopardy.

  • @KC-lc8dx
    @KC-lc8dx Před 3 lety

    What a great historical documentary!

  • @itachi2011100
    @itachi2011100 Před 4 lety +12

    Airlines have been doing great for the last 10 years
    Coronavirus: Hold my RNA

  • @chipjumper
    @chipjumper Před 4 lety +37

    So if air travel is responsible for 2% of man made carbon output, then wouldn’t be rather be more concerned with the other 98% first?

    • @generalshepherd457
      @generalshepherd457 Před 3 lety +1

      CO2 is the most clean waste product in the world. non toxic, you can't get sick from it.

    • @sophieee3719
      @sophieee3719 Před 2 lety

      @@generalshepherd457 it is currently heating up the planet

    • @generalshepherd457
      @generalshepherd457 Před 2 lety

      @@sophieee3719 no. historic data do not suport your theory.

    • @Sakura-wq8es
      @Sakura-wq8es Před 2 lety

      @@generalshepherd457 it does-

    • @generalshepherd457
      @generalshepherd457 Před 2 lety

      @@Sakura-wq8es no , you are totally wrong again.

  • @highspec_tech90
    @highspec_tech90 Před 4 lety +2

    I was lucky. I booked First Class on British Airways for April from London to California and it was during their luxury sale so only paid about £1800 return. A lot of money still, but Business Class is normally more than what I paid for First.

  • @MrThiagogarrido
    @MrThiagogarrido Před 4 lety

    I LOVE THIS CHANNEL S2

  • @shamarthompson926
    @shamarthompson926 Před 4 lety +18

    First class economy class when the plane crashes everybody is affected.

    • @Romans8-9
      @Romans8-9 Před 3 lety

      That is true for every 1 in a million commercial flights that happens.

  • @rigobertogarza7945
    @rigobertogarza7945 Před 4 lety +13

    Why am I Watch this, I cant even afford economy seats.

  • @kuhndj67
    @kuhndj67 Před 4 lety +1

    I fly Delta One and Business class on Delta maybe 10 times a year... and the price for flights are different every single time. My regular NY to Shanghai trip varies between $6k and $8k depending on when I book it (in general earlier is better but not always). If you just look at the number of coach seats you could squeeze in the same space (maybe 4) you'd need those coach flights to cost $1500-$2000 to match the revenue per square foot. I don't know what that flight costs in Coach but I suspect it's less on average.
    The only time I flew Premium Economy I found it to be no better than coach, I'd not pay extra for it myself.
    Having said that... if one of our Corporate jets are available for the flight it's a no-brainer, airline first class is coach in comparison.

  • @jamie68560
    @jamie68560 Před 8 měsíci +1

    I love how this video came out riiight before covid

  • @torstengaming2582
    @torstengaming2582 Před 4 lety +9

    Says First Class in thumbnail, then showing a Business Class seat in the background...

  • @reckilass
    @reckilass Před 4 lety +13

    That video promised so much and delivered so little. Revenue isn't the interesting question, profit is! As the CEO of Delta said at the end, it's not about revenue maximisation it's about price optimisation ie most profitable seats sold most. Not even one mention of the margins of the different classes, that's what I want to know

    • @tedlovejesus
      @tedlovejesus Před 4 lety

      Because separating lower price tickets from mid-high price tickets and from ultra high price tickets would be most profitable for airline companies, that simple

    • @tedlovejesus
      @tedlovejesus Před 4 lety

      Amusis nope, i am just reaffirming what people see and they can’t believe it’s profitable to airline companies
      People hold different perspectives and unfortunately I am not responding to yours

  • @ErnestJay88
    @ErnestJay88 Před 4 lety +4

    First Class and Business Class passenger got a flat bed seat, delicious steak, wine or champagne.
    While most of us fly on Economy Class with rarely edible food, cramped seat, and if you're unlucky, you gonna get dragged of the plane due to overbooking.

  • @HJima
    @HJima Před 4 lety +13

    the only thing I'd want is more foot space and pizza.

  • @IHaulBoxes
    @IHaulBoxes Před 4 lety +8

    "Airlines are the big CO2 emitters responsible for 2%..."
    So let's all stop flying and reduce 2% of all CO2 emissions. Do we now not have to worry about the climate anymore?
    That statement is just irrational and mindlessly used to blame someone.

  • @brianmo2965
    @brianmo2965 Před 4 lety +18

    2020: Do airlines make money?

  • @James_David
    @James_David Před 2 lety

    Emirates first class was pretty nice when I flew…nothing compared to spirit airlines tho, near the back right next to the bathroom.

  • @tomkee8019
    @tomkee8019 Před 4 lety +1

    I've been lucky enough to fly first in Emirates a few times. Ive also flown first on Etihad and Qantas, but non compared with the Emirates Suites. However business has dropped its bundle on Emirates.

  • @andylindsaytunes
    @andylindsaytunes Před 4 lety +5

    Everytime someone in the video says "because the economy is good..." it is good for the wealthy and corporations, not for a big majority of us, though.

  • @joshgabrielll
    @joshgabrielll Před 4 lety +10

    ah yes plane flights are booming
    Now:

  • @theworldofelle344
    @theworldofelle344 Před 4 lety

    Very interesting information.

  • @michaelwayne7887
    @michaelwayne7887 Před 3 lety

    Watching this video in 2021. Lol. ... It'll be interesting to see what impact Otto aviation may have on not only the premium, but legacy airline standard product as well. The next few years may see the beginnings of the unwinding of the hold that legacy jets have on air travel. The new technology may be a great leap forward.

  • @NeilHaran
    @NeilHaran Před 4 lety +25

    For $36k, you could probably buy a small used plane.

  • @deziebethel
    @deziebethel Před 3 lety +6

    "The US airlines are doing quite well frankly"
    Coronavirus: Book my flight

  • @fernandobeltranzamora8351

    In the good old days, flying Boeing 747 was the ultimate with the cinema on board. Now days, I couldn't fly Emirates ro Etihad Premium Business Class ?, with 2 or 3 beds, shower room and a bar for about US$36k . . . Now maybe it could be possible, as another CZcamsr just showed in his channel, these companies are flying A-380 again. Let's hope everything returns to normality . . .
    ¡ Saludos desde la CDMX !

  • @11mattrox
    @11mattrox Před 3 lety

    Nice job, your thumbnail is a picture of business class 👍