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Plain English with Derek Thompson

Why Air Travel Is a Hot Mess Right Now

Plain English with Derek Thompson

The Ringer

News, News Commentary

4.72.1K Ratings

🗓️ 24 June 2022

⏱️ 43 minutes

🧾️ Download transcript

Summary

Lately, it feels like we’re surrounded by systems and industries that aren’t working the way they should. There's an oil shortage, and a baby formula shortage, and a used car shortage, and a microchip shortage. Now, here comes the airline industry shortage. This past weekend, thousands of flights were cancelled because airlines didn't have enough pilots, grounds crew, or planes. People were stranded in airports for eight hours or longer. JetBlue, American, and Delta collectively canceled about 9-10 percent of their flights—between five and 10 times higher than their historical average. And some experts say that if you’re planning to fly at all this summer, things will only get worse. How did this happen? When will it end? Today’s guest is Scott Keyes. He is the founder of Scott's Cheap Flights, a newsletter and business with more than 2 million members. We talk about the origins of the crisis, the economics of the airline industry, and why the decline of business travel is a cannonball in a lake whose ripple effects are wreaking all sorts of havoc. Host: Derek Thompson Guest: Scott Keyes Producer: Devon Manze Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

From the hosts that brought you to coding Westworld and Westworld the recapables comes the

0:07.5

ringer prestige TV podcast on Westworld I'm Julian Robinson I'm Danny Heifetz and

0:13.9

I'm David Schumaker welcome to Westworld season four in the prestige TV podcast

0:17.8

feed where we're going to break down every episode of Westworld season four. Every

0:21.5

Monday the day after the show comes out on the prestige TV podcast feed.

0:26.9

For every get your podcast but get them on Spotify. Are you ready for a

0:31.8

Monzo Business Bank account? Mike from Bluewater Plumbing was needs to get paid

0:35.9

quickly. Especially when I have five or six plumbing jobs in a day. I first

0:39.1

used a payment link feature in my Monzo Business account I was impressed to

0:42.1

how quick and easy it was. At the end of each job I just create a payment link

0:45.3

send it to the customer and get paid then and there. I can also track all of my

0:49.2

payments to my get paid tab. If you're ready for a Monzo Business account

0:52.7

apply today just search Monzo Business season sees apply only sold traders or

0:57.5

limited company directors in the UK can apply. This is meant to be an ad for the

1:01.9

Samsung Galaxy Z Flip 5 how it stands up perfectly on a desk for business

1:06.7

calls and has a larger cover screen for emails but we've got one in the studio

1:11.3

so our sound engineer Brian is distracted. He's not even listening look.

1:15.1

Flannel Pomergranate Weasel the new Samsung Galaxy Z Flip 5 for

1:20.6

the business unfold the wonder available now at Samsung business shop.

1:27.4

Yeah very good. Perfect take.

1:31.1

I don't want to be dramatic but lately doesn't it feel like everything is just

1:36.4

sort of falling apart. Like not catastrophically things aren't entirely

...

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