Flying Safely : EI Weekend 3251
A tribute to the art of the flight safety video — #srsly some epic content! Happy Easter whether you are flying or not!
Exchange Invest is a unique information resource combining the day’s stories in a newsletter for investors in exchanges/financial markets infrastructure.
Exchange Invest was founded by former exchange CEO and author of the first bestselling book of fintech (“Capital Market Revolution!” FT 1999) Patrick Young. Monday through Friday our daily paid subscriber email discusses the business of bourses of all kinds across the world.
On this day in 1933, the USA went off the gold standard by presidential proclamation.
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MACRO THOUGHTS
In 2024, scheduled airlines had record capacity of 5.85 billion seats on offer and the industry filled 83.5%. In other words, roughly 4.9 billion passengers flew last year out of a global population of just over 8 billion people.
2019 was the previous high water mark (5.72 available seats), before the COVID catastrophe. Incidentally there were actually 5% more flights in 2019 whereas larger capacity aircraft bumped up passenger totals in 2024, making a grand total of 36.4 million take-offs and landings…
The average plane had capacity for 161 passengers per flight in 2024 versus 150 in 2019 and 140 a decade ago.
IN BIGWORLD
Here’s a fascinating thought on tariffs.
NB Major US retailers have been endeavouring to pressure Chinese suppliers to cut prices — Naturally that has met with a ‘cup of cold sick welcome’ from the suppliers.
However, here’s an eye-popping stat I spotted in a story about the De Minimis exemption being closed and its potential impact on thousands of Chinese operators exporting to the USA selling through AliExpress, Temu, Amazon etc.
One exporter noted that their freight costs had tumbled to US$1,500 per forty-foot equivalent unit, from US$20,000 in 2021. That does deliver some tariff wiggle room.
PS I have no idea how avian flu affected this weekend’s major retail candy fetish but how come Easter eggs are so expensive along with the usual chicken borne boilables?
PLY: Market Movers On Fintech TV
Catch me on Market Movers On Fintech TV every Monday at 0920 AM for the latest insights in finance, technology, impact investing, and market trends. Fintech TV is on the web (Fintech.TV), in a multitude of airports across the USA and other channels.
BITCARNAGE
Where’s the Beef?
In the latest episode of “Say anything to take the price up” we have the recently pardoned Bitmex founder Arthur Hayes saying: China’s Tariff Response May Mean More Capital Flight To Crypto (Cointelegraph).
The only tricky part to this otherwise impeccable thesis is — apart from further confusing the ownership case for Bitcoin — the evidence that ANYBODY thinks, “oh the world is volatile across markets, let’s buy crypto as a hedge!” …is scant.
Or maybe it’s because servers will be more expensive? #AskingForAFriend.
If you enjoyed this excerpt you may be interested to know that you can read Bitcarnage every day in Exchange Invest.
Alternatively, if you want to follow Bitcarnage — the daily update on happenings in the world of crypto and digital assets, then you can find Bitcarnage as a standalone on Substack.
EXCHANGE INVEST WEEKLY PODCAST
SEC Chairman Atkins Confirmed,
Zimbabwe Moves to T+2 Clearing,
Tales of Woes At Ion?
And Happy 100th Birthday to The Great Gatsby.
The Exchange Invest Weekly Podcast 291
OF INTEREST
As always, a review of interesting reading to provoke thoughts and consideration… Not sure we agree with much of it….but it’s thought-provoking!
Our Safety Video
British Airways
PLY: BA are leading the pack right now — for safety videos. I mean the planes are a bit aged, the food a touch average but the booze flows as always and the cabin crew are cheery. However this — the latest in a series of Cool Brittania style videos is a classic of the alt safety video genre.
Meanwhile, I wouldn’t rush to watch this early ANZ alt safety vid unless it’s a really long weekend — Mile-high madness with Richard Simmons! — But the title is catchy and it involves an apparent dancefloor in a plane which reminds me that Air Canada once had a service where there was a disco in the bubble of a 747… I know, those crazy Canucks, eh?
The Most Epic Safety Video Ever Made #AirNZSafetyVideo
Air New Zealand
PLY: I am an unabashed Tolkien ignoramus — as proven by that time I couldn’t get Gandalf out the window in the Sinclair Spectrum video game of The Hobbit to progress…anywhere in Middle Earth.
However, this is rather impressive. To commemorate the end of the millionth sequel to the Tolkien trilogies ANZ, a pioneer in alt safety vids included everybody/thing including director Peter Jackson for a true spectacular.
History And Safety Combine In The Epic Qantas Centenary Safety Video
The Points Guy
PLY: This video apparently took a year to make. Then again as QANTAS have never lost a major commercial airliner to an accident I suppose that’s the kind of attention to detail which gives you such a wondrous track record of safe landings.
MEA New Safety Video Featuring Our Beautiful Lebanon
MEA
PLY: I just loved this video heading into Beirut before COVID years ago. A cool way to perceive the notion of aircraft safety and enjoy the natural beauty of historic Lebanon.
Turkish Airlines LEGO Movie Safety Video
Aviation Video (qz0701)
PLY: TK is a firm PLY favourite and their animated safety videos have included gems such as this co-production with the LEGO movie…
…Wonder if we will have the Minecraft movie airline safety video soon? “Our airline is baby zombie friendly but please ensure your Chicken jockey is safely stowed before take off and landing…”
Books worth reading:
Finance Book Of The Week
“23 Things We Are Telling You About Capitalism” by Tim Worstall is an examination of Ha Joon Chang’s “23 Things they Don’t Tell You About Capitalism.” when appraising government intervention, one can argue, even the blind monkey occasionally finds a banana…
Get the book here.
*Paid link, as an Amazon Associate, Exchange Invest earns from qualifying purchases.
Suggestions welcome if you would like to nominate a book for us to cover!
Our next Book of the week will be unveiled Saturday in the EI Weekend Edition.
& don’t forget if you want all the news on the bourse business sent daily to your Inbox subscribe to Exchange Invest — via Exchange Invest.com — it’s only $499 per annum to join “The Exchange of Information.
Capital Market Revolution
First published in 1999, “Capital Market Revolution!” offered a clear, concise roadmap for navigating the financial revolution fueled by technology. And 25 years later, as the world of fintech continues to evolve, the core principles laid out in the book remain surprisingly sharp
This new edition was produced to celebrate PLY ringing the NYSE Closing Bell July 5th, 2024. There are several new sections of PLY pith to add 10,000 more words of context and the original book which is remarkably prescient and elegantly dated all at once! It’s only $9.99 on Kindle, a fraction of the original price in 1999 to encourage revolutionaries with any budget!
Get the book here.
*Paid link, as an Amazon Associate, Exchange Invest earns from qualifying purchases.
IPO-VID LIVESTREAM: NOW ONLINE!
“How Floors Help Markets”
Guest: Dominik Roesch
April 15th, 2025
1700 UK, 1800 CET, 1200 EST
A recent academic paper discussed the benefits of floor traders, meet one of the authors: Dominik Roesch is an Associate Professor in Finance at the University at Buffalo. His research focuses on market quality, in particular, investigating the joint dynamics of arbitrage, liquidity, and efficiency. He has been part of an NSF infrastructure grant, which allowed him to build up a framework (based on OneTick software) to efficiently analyze financial data.
Watch the stream on:
LinkedIn | Youtube | Facebook
IPO-VID LIVESTREAM PODCAST
Whether you prefer watching insightful discussions or listening on the go, IPO-VID Podcast has you covered! With 172 episodes featuring market experts, trading legends, and fintech pioneers, there’s always something new to learn about exchanges, investment trends, and the future of finance.
🎧 Catch up now and stay ahead in the world of markets!
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LAST WORD
Buckle Up & Fly safely!
Happy Easter / Passover everybody, there’s no Exchange Invest Monday but catch up Tuesday for EI 3252.
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