Airline Industry
topic on 5 shows · 10 statements across 9 episodes
the Pitch 
My First Million 
How I Built This 
the a16z Podcast 
All-In
10 statements about Airline Industry, every show
Mohnot: Airline load factors rose from mid-60s 20 years ago to over 80%
“Where like load factors were, I think like in the mid sixties, 20 years ago, now they're upwards of 80%.”
Sorensen predicts in-flight nut death will force overnight airline nut bans
“I, I'm convinced that in the next five years, there'll be someone that dies on a plane from nuts, and overnight, the whole industry will be nut-free, or allergy-friendly. Like, I am so convinced in my heart that that will happen.”
Dicko: Seatback screens cost $20k each and add $1B in airline fuel
“They cost 20,000 dollars each, and they're so heavy that the airline industry spends one billion dollars in extra fuel cost just to fly them around.”
Parr: Airline passenger traffic rose from 5,000 to 300,000 post-Lindbergh
“And the year after Charles Lindbergh did his flight, it says that airline passengers before he did it that year were 5000. A few years after, 300,000. And it completely changed the airline industry because it made like a big hoopla and a big deal, whatever.”
Chamath: US airline industry spent 96% of free cash flow on buybacks
“The airline industry, which looks like it's going to be first in line for bailout, Spent 96 cents of every single dollar free cash flow they had on buying back stock”
Kelleher: Late-1960s Airline Industry Suffered Poor Returns and Constant Difficulties
“No, it was not notably profitable.
As a matter of fact, Warren Buffett reportedly joked about it at one time and said
If a capitalist had shot down the Wright brothers at Kitty Hawk in 19 oh three, the economy would probably be better off.
And so it didn't ha…”
Kelleher: Asset mobility makes aviation more competitive than other industries
“I think that it's more competitive than other industries, and one of the reasons for that is that our principal capital assets, The airplanes move at 540 miles an hour. And, you know, if you have a shoe factory that, that fails in Seattle, as an example you ca…”
Dixon: Post-dot-com consensus viewed the internet as commercially unprofitable
“The assumption was, it's one of these things like the airline industry or something that'll just never make money, right? It was a cool thing, cool tool, we're using it, but man, was that a bad idea from a business perspective, and that was the sentiment”
Kelleher: The airline industry is uniquely competitive because its assets fly
“I think that it's more competitive than other industries. And one of the reasons for that is that our principal capital assets, the airplanes, move at 540 miles an hour. And, you know, if you have a shoe factory that, that fails in Seattle, as an example you c…”
Asset mobility makes the airline industry uniquely competitive, says Kelleher
“Our principal capital assets, the airplanes, move at 540 miles an hour. And, you know, if you have a shoe factory that, that fails in Seattle, as an example, you can't, within hours, transport that shoe factory to Chattanooga, Tennessee to compete there. But i…”