If any industry can claim to have huge overheads, it’s the airlines. A safe and on-time flight depends on highly technical equipment managed and maintained by well-trained employees navigating myriad moving parts – airports, passengers, schedules and international law, among others. So how is it that airlines can afford to give away free flights and special perks to their loyalty program members? In this eye-opening video, Sam Denby explains the hidden financial scheme that makes airlines profitable. If you have ever wondered why airlines and banks are teaming up to make you offers you can’t refuse, here’s the answer.
About the Speaker
Wendover Productions is an educational YouTube channel created by Sam Denby in 2010. Denby’s other channels include Half as Interesting and Extremities.