Title is a bit of a misnomer. Highlights:
- kill the 747 and all older planes
- Cut flights by 75% permanently (Delta) or 50% (United) or damn the torpedoes eat all the traffic you can (American)
- Assume business travel is forever dead and cut to match
- Turn all 387 grounded 787MAX into low income housing (LOL J/K)
My guess is the flight-cutting is in no small part because of differences in the number of planes they lease. AFAIK, American leases more than the others, so they can ditch a bunch of planes as soon as their lease ends and BOC can suck a dick. Or they renegotiate. The airline industry is a fascinating train wreck to watch now. Business travel seems dead at least for the next year or two. If it weren't for powerful players like IATA we'd see much more airline related neverwasteacrisis policies now, I think. On the other hand: I've already had two colleagues who flew to the Mediterranean for their holiday this summer, so I wouldn't be surprised if LCCs bounce back rather quickly, at least from/to safe-ish countries.
The video is fully if factual inaccuracy and poor understanding of airline economics. At one point the dude says that you can cover the cost of a flight with just businesses class I don’t see how that’s possible when a 737 is 10k an hour and you have to account for landing fees gate fees and taxi time. The dude also fails to understand that the 747 is a freighter not a passenger airplane. The super jambo airplanes have been discontinued for years and the last 747-8i Passenger was probably Future Air Force one built around 2016. I guess what do you expect from MSN it’s not like the fuckwads care about facts when there is a narrative at play.