TRUMP FART AIR | Patrick Bet David runs out of gas when Trump makes airlines fuel costs EXPLODE!

Added: 2026-05-05

[00:00:00]20,000 flights canceled. Jet fuel prices skyrocket, forcing airlines to cut routes. This is in Europe. That's why there's uh Luanza airline behind uh the uh peanut butter [ __ ] in co.

[00:00:15]>> You mentioned jet fuel, right? And there's three stories I'm going to read at the same time and in the time I'm going to come to you. Number one, Deutsche.

[00:00:21]>> I'm a jet fuel genius. I can solve the world's problems without even trying.

[00:00:27]All right. Sorry. Sometimes sticks lyrics just pop into my head.

[00:00:32]>> Lufansza cancelled 20,000 short hall flights to save on jetfield. Rob, go ahead and play the clip.

[00:00:39]>> Has canled 20,000 flights between May and October.

[00:00:43]>> Oh, by the way, you can tell when things are [ __ ] for Trump and his and the Trump sucks. When uh peanut butter [ __ ] starts getting the the caffeine leg uh shake, you like he starts bobbing like this. He starts doing the bounce like this. Um, hold on. Did I Um, thank you Candy for the super chat.

[00:01:04]Greatly appreciate it. I don't know why this thing stretches out. Hold on one second. I have a text box shrink. I want it dynamic. Oh, that's not right. I don't want it dynamic. That's helpful. I want it uh Hold on.

[00:01:18]It's shrunk. I'm sorry. Hold on.

[00:01:22]There we go. Almost. Come here. You There you go. Okay. And then Oh, quit it. Son of a What is Why is it Come here. Sorry, Candy. I'm trying to make it the thing larger so that I can grab that thing at the And there. And there.

[00:01:43]And there. There it is. Thank you, Candy. Son of a I don't know why that's a problem. All right. The text box should be dynamic. There we go. And then it went away. It just vanished. Sorry.

[00:01:55]Okay. Um, thank you for that. And thank you, uh, Simmonius Monk. Spot on, Reagan. Thank you very much. Well, understand that I don't understand.

[00:02:08]Um, why is it so hard to shape these things?

[00:02:20]Super odd. There we go. This thing. And then here. Okay.

[00:02:25]That was labored. Sorry. Thank you. A Thank you, Candy. See if this one works.

[00:02:31]Hold on. Get up there. Where? Get on screen. Where is it? Why Why won't the Why won't the chat things go on the screen? It's annoying me. Okay, we take this out and this out like that. Where is this guy? It got slid off the screen or something. Hold on.

[00:02:53]Take this one.

[00:02:55]Here we go. Try to do this.

[00:02:58]Uh, yeah. I It just vanished. Where'd it go?

[00:03:06]I'm sorry. I'll figure that part of it out. So, very odd.

[00:03:10]All right. How about this? They allow me to do a view options overlays. That's what it is. Placeholder comma overlay to add to horizontal com. There we go. And then I already did that. Okay. I guess it just fell off the screen. Must be hidden somewhere.

[00:03:35]No.

[00:03:42]Can it center it where it can put it someplace? That's annoying. I found a bug in eCam. All right, I'll write them a letter. All right, so back to this.

[00:03:51]Sorry. Thank you, Candy.

[00:03:54]>> Save on fuel [music] in one of the largest cuts by a global airline. The cuts will save around 40,000 tons of jet fuel and will amount to 1% of >> Yeah, they're short hall flights cuz European countries are very close together and they fly back and forth.

[00:04:08]It's like regional flights in the United States.

[00:04:11]>> Seat, >> not a It's not a good thing, but it's not devastating. They also have trains everywhere.

[00:04:16]The carrier is trying to boost profitability with a plan to cut 4,000 administrative jobs by 2030.

[00:04:24]>> That can you can you imagine like what's going on there? Now, let me get to the US one. So, you may say, "Well, Pat, that's you know, that's Germany. Why do I care about Germany? Do you care?"

[00:04:32]>> Yeah. Who cares about Germany? What I mean, what whatever went wrong when they had economic problems?

[00:04:39]>> United Airlines. Here's United Airlines for you. United Airlines slashes 2026 forecast as fuel cost surge. Okay, so here's a story for them. Forecast to adjust $7 to $11 a share. Let me read this story to you with them. Uh here we go.

[00:04:59]So, uh United said it could earn between $71 a share on an adjusted basis this year, down from its previous forecast, 12 to$14 a share. Released in January, more than a month ago, the carrier, like others, is trimming down of its planned flying this year to reduce cost. Wall Street had already been adjusting its expectation for the year. As a result, analysts like pulled by >> notice how much he's shaking like his his [ __ ] he's got the caffeine foot going. You can always tell it's like a a particularly [ __ ] investor news day when when he does that. LSEG had forecast that United's adjust fullear earnings could be 9.58 a share for the second quarter. United forecast adjusted earnings between a dollar to $2 a share.

[00:05:44]Analysts had expected $28 a share for the quarter. The carrier has said it's expected to its revenue to cover between 40 to 50% of the fuel price increase in the second quarter. As much as 80% in the third and between 85 to 100% by the end of the year. Revenue overall rose more than 10% from 14.61 uh uh to 14.61 from 13.21 billion from last year. Tom, what's going on over here with travel and >> gee, I don't know. It's something to do with the cost of fuel or something.

[00:06:16]>> Fuel.

[00:06:17]>> Well, it's a little bit of a a complex situation.

[00:06:21]>> A little bit.

[00:06:22]>> All of the airlines out there, I should say almost all. Um, I believe 90% of the airlines out there have one of the most important persons in the executive suite is the economist that's responsible for their fuel hedging strategies. Uh, they they hedge fuel and they try to plan for things. And what's happening right now, the cost of fuel unexpectedly popping up. They're they're looking for um uh cost reduction. And the way they're looking for cost reduction in the case every airline, the some of the shorter flight >> Oh my god, dude.

[00:06:56]Oil prices are up and they're going to be up in a sustained way and they're looking beyond the futures market to their direct needs. They need a specific type of oil refined in a specific type of way so that they can have jet fuel that they trust and that can't be sanctioned by Russia or any other [ __ ] that Trump is dumping on the [ __ ] market.

[00:07:19]That's why.

[00:07:23]Yeah, it must be Joe Biden's fault.

[00:07:25]>> Or not profitable, believe it or not.

[00:07:27]But they get people like think of Delta Delts on man.

[00:07:33]Literally the dumbest name for a social media or app I've ever seen. It's like they got the name from Sloth from the Goonies.

[00:07:46]at a giant hub in in um Atlanta and it operates small flights that get to Atlanta and some of those are marginally like break even pad or maybe they lose a little bit. Now why would you do that?

[00:07:59]Because they make a lot of profit once you get to Atlanta and then you fly to New York or you fly to LA or you fly to South America on the long [snorts] flights with the large widebody aircraft. They make a lot of money on those. And so what Luansa said is they have a a small uh regional um uh division called City Line. And so City Line, they say, "Hey, we can't afford to run City Line." Which means that some of those people will drive two hours to get to a more major airport rather than having the convenience of a small airport, you know, that where they can get to the major airport to fly. And this is all around fuel. And I can give you some perspective as on >> really >> as well. Now you're going to have people that say, "Well, maybe I just won't fly this year." Um Kim had to go rather urgently to see her dad in Idaho. And so the the coach ticket was 750 bucks just to go from Fort Lauderdale to Idaho. And that's on Delta. Go to Atlanta, switch planes, go to Salt Lake, then there.

[00:09:01]Crazy, right? Well, she already has to go back there again because he has another appointment she has to go to six weeks from now in June. Do you know what the price of that one is?

[00:09:10]>> 1,600 bucks.

[00:09:13]>> The same coach ticket, Tom.

[00:09:15]>> Wow. Trump is doing great bringing prices down.

[00:09:18]>> Coach ticket 1,600 bucks. Yeah.

[00:09:21]>> What the heck? How does that This is in an airplane.

[00:09:25]>> It's it's it's also because it's three flights and Twin Falls is a very small airport. But you take a look at what's happening. This is crazy.

[00:09:34]>> No, it's a logical.

[00:09:37]There's nothing insane about it. It's It's what happens when you [ __ ] with oil prices and you before you do that, you do everything you can to make sure that we need as much fuel as possible. You undercut car charging stations. you uh you you eliminate funding for Amtrak when just because you hate [ __ ] Biden.

[00:10:03]>> This is really crazy. And >> yeah, it's not crazy. It's completely logical.

[00:10:07]>> You're seeing prices go up. Now, that's one example from Delta to a micro by the way. And the question she's asking, what if Delta decides they can't they're not going to operate Sky West later this summer or there's they're not going to have that.

[00:10:19]>> Then you're going to fly to Denver and drive >> have to go to Salt Lake City and then drive three, >> right? Yeah. Or Salt Lake City, I guess.

[00:10:25]half hours to get to her dad's place in southern uh Utah. And so what's happening now is the airlines were carrying the initial cost and now the airlines are saying, "Look, I wanted to keep my market share. I wanted to keep my customers. I wanted to do a little bit." So they >> I don't want to put my planes away for a long period of time because we can't get them into the air while they rot and depreciate and it'll take a ton of like uh repairs and stuff to get them airworthy again. a little bit of it. Now they're saying I can't do that. So I got to get rid of my short hall flights that are just marginally profitable or not profitable and I got to raise fairs and that's what's happening.

[00:11:06]While you're saying that there's five other airlines that are going through this as well. Uh Cath Pacific Air.

[00:11:11]>> Yeah, this was going to happen anyways though. I mean it did matter. Um thank you.

[00:11:17]>> Hong Kong based airlines said it will cancel about 2% of its scheduled passenger flights from May 16th to June 30th. HK Express, uh, a budget carrier said it would cut about 6%.

[00:11:28]>> Look at his [ __ ] chair shaking.

[00:11:30]>> Why don't you guys just call out Trump for [ __ ] things up and driving prices up like [ __ ] like gas on the corner over here is six bucks where I am for like, you know, midlevel or whatever.

[00:11:45]>> 11. And then we already talked about Lufansza, what they're going to be cutting. And then Dutch's airline KLM said it would cut 160 flights in Europe next month, amounting to less than 1% of its uh flight schedule. And then some companies have already signal larger reductions. Vietnam Airlines in March said that it may cut up to 18% of its international flights and 26% of its domestic flight. So we're that's big.

[00:12:09]We're seeing the stories. It's not yet fully scaled to everybody, but you're feeling the impact so far right now, Brandon.

[00:12:17]>> Yeah. Yeah. And and I think this is just kind of the beginning of this if it keeps going in that direction because we just got to the point where the the last fuel shipments from before um the war started were arriving. So I mean >> excuse me military operation slash excursion slashjourney >> that lag effect is finally starting to hit. But um that's why I think that oil is actually a lot like interest rates going up. And counterintuitively, it could kind of knock the price down of a lot of things like people are saying this is going to cause inflation, but I think it's just going to devour disposable income because of, you know, what people >> Oh, yeah. That's a great approach. So, um, in it won't prices won't inflate because people won't have money because they're having to burn it to make their car roll.

[00:13:02]So, we're saved. We've solved inflation.

[00:13:07]We've like ne you know what would be even better? We should just make drugs uh necessary to keep people alive more expensive because people who have to pay even the for the simplest medications won't have money to buy food and so that'll bring down the price of eggs >> on energy people on travel. Um and yeah I mean uh airlines it's not surprising they're one of the first ones to go.

[00:13:31]They're devote.

[00:13:32]>> By the way, he's got the same chitchat patter you hear from guys who have a lot invested in crypto and have watched it tank lately and they're just trying to still seem like they're on top of their game, but they're really [ __ ] depressed. They got that Kurt Mezer tweaker head twitch.

[00:13:48]>> Razor thin margins. I think it's like what? Like two to 5% and that's why they always have to get government.

[00:13:53]>> Look at the [ __ ] paper shaking. Look at that.

[00:13:58]Can I help you with that? But yeah, the uh one bright spot out of this I think it could bring >> serious look at the picture. The paper's driving me nuts. Look at it.

[00:14:07]>> Inflation a lot of other >> like what are you Katherine Heard? I don't know what we're going to do in this this strange world with this fight going on in won't this world just settle down once and for all >> because um how much more people are spending on energy?

[00:14:24]>> Yeah, you know this a great article by CNBC. It says travelers need to know a few things. Number one, know your rights. Every airline has its own policies about a what it owes to passengers who face.

[00:14:33]>> You can't quote [ __ ] consumer financial protection bureau stuff that you were against.

[00:14:41]>> And cancellations. Federal rules require airlines to pay a prompt refund to a ticketed passenger. Even those with non-refunded tickets if they cancel a flight or make a significant change to the itinerary. Number two, check your contact info. Make sure the airline has your contact information on the file in case it needs to get in touch with you.

[00:14:56]Number three, act fast. If an airline >> Oh, Jesus Christ. This is so pathetic.

[00:15:04]Do you think these [ __ ] a year ago, um, yes, Janelle, great president. Um, you think a year ago these guys thought they would just be reading like life hacks from [ __ ] People magazine about know your [ __ ] flying rights? Because I don't know, people are going to be flying so much. Maybe they should know these things because they're going to be tired of winning and they're just going to be traveling so much going to Disneyland and all this other stuff.

[00:15:29]They're just going to be like popping from flight to flight cuz it's going to be so awesome.

[00:15:33]>> Contacts you about a canceled flight or change to your itinerary said nerd wallets. Uh the sooner you act in contacting the airline, the more options you're going to have. Fly non-stop.

[00:15:41]Flying non-stop to a destination is generally more expensive than booking a flight with a >> no [ __ ] However, it's good strategy for travelers who can afford it and want to minimize disruptions and consider travel insurance while you're going through it.

[00:15:54]So, it's it's it's an interesting time where you're traveling right now. So, >> yeah, it's an interesting time just, you know, to travel time as time goes when you're traveling, you know, it's like Christmas or, you know, spring break or summer or actually it's not. It's just the middle of [ __ ] you know, April.

[00:16:13]>> Something that's becoming real. Of course, we'll follow the story closely to see how much bigger this gets. But that's that part. Let me get to the next one. We don't do any uh uh major sponsorships on the podcast.

[00:16:22]>> Oh, [ __ ] you. And he goes straight from that to selling [ __ ] t-shirts.

[00:16:26]>> You won't see us doing a podcast and uh uh announcing seven sponsors. We haven't done that yet. We're talking to some big companies will >> We might need to cuz I got a [ __ ] trailer full of future looks bright their uh shirts.

[00:16:41]Yeah. Oh, they're going the Vault 26 conference. They're in Vegas. Put your brand in the room with 12,000 founders.

[00:16:49]What a terrible idea.

[00:16:57]Okay. MGM strip marquee sign. So you get your logo up there if you sponsor. Look at this. See 40 by 40 immersive booth.

[00:17:04]So turnout is shitty. You're selling spots at your thing. You can have a mainstage moment. You can buy your way on stage with him, which nothing says successful business entrepreneur like somebody who has to buy their on their way on stage with peanut butter [ __ ] And they give you a nice two-page spread in the workbook. So you get the workbook. You just going to put your logo in the workbook.

[00:17:31]He looks happy.

[00:17:32]>> Yes. Go for it, Rob. Here's what it looks like for sponsors at the Vault Conference. Go ahead. In 2019, the Vault Conference started with just 420 visionaries. [music] >> Uhhuh. And >> 1500 in 2022, 3,000 in 2023.

[00:17:48]>> Also, founders of what? I mean, it just sounds like you're selling tickets.

[00:17:53]>> 6,000 in 2024.

[00:17:56]>> So, everybody who buys a ticket is a [ __ ] founder.

[00:18:00]>> Only 8,000 [music] in 2025. and >> and now we're back down to 412 >> 26 [music] we're expecting over 12,000 entrepreneurs, CEOs, and business leaders >> and uh hangers on and [ __ ] and people who want a weekend in Vegas >> for the first time ever >> for what?

[00:18:20]>> We're heading west to the iconic MGM Grand in Las Vegas >> cuz it's cheap right now.

[00:18:26]>> Our biggest stage yet. Over 6,000 attendees are decision makers running.

[00:18:32]They decided to come to Vegas. I guess technically >> from 25 million [music] to over $500 million.

[00:18:39]>> So how much uh jet fuel is this flight going to [ __ ] cost us? I mean is it even worth it?

[00:18:44]>> More than 2,000 [music] CEOs lead teams of 75 plus employees.

[00:18:48]>> So 6,000 of the people are just their employees.

[00:18:51]>> They come from around the world to >> that's that is the would be the world. I guess I'm guessing that's the world we're talking about.

[00:18:58]>> Grow scale [music] and do business.

[00:19:01]Looks like a sausage fest.

[00:19:02]>> And they don't just attend, they engage.

[00:19:05]>> Oh yeah. Yeah. They hand out business cards. You ever seen somebody hand out a business card? It's [ __ ] magic.

[00:19:12]>> Wait a minute. Did she just smell his business card?

[00:19:16]>> And they don't just attend. They engage.

[00:19:19]>> Smell that. Oh my god, that's nasty.

[00:19:21]Yeah, it's been in my pocket. [laughter] [laughter] business. And they don't just attend, [music] they engage.

[00:19:36]>> Hey, smell that. It smells nasty.

[00:19:39]>> Yeah, it's been in his uh It's been in his front pocket the whole time. That's what his pocket smells like.

[00:19:47]They don't They cut before she passes out.

[00:19:51]Front roofy cards. That's my new business. I've just I've got Rofy business cards. Now you don't have to drop it in their drink anymore. You just hand the girl a business card. and she blacks the [ __ ] out. It's It's genius.

[00:20:02]Uh, one of my Peanut Butter [ __ ] and Vinnie are my two biggest investors.

[00:20:09]Our planes wings are falling off.

[00:20:13][laughter] >> Response.

[00:20:14]>> Oh, you have to listen to that guy.

[00:20:16]>> Yeah, [ __ ] yeah. Say something about liberals again. I don't have any money.

[00:20:21]>> Overwhelmingly positive >> because uh if you if you say anything negative, you're being like a woman.

[00:20:29]Okay. So, don't do Let me put that in my phone right now. This dude, what's your name? Jerry. Jerry's acting like a chick. Okay. You're on the list, Jerry.

[00:20:38]Just letting you You're looking a little estrogeny there.

[00:20:43]You might want to go talk to one of the muscular uh bald guys, but not for too long because they might want to take you into the bathroom. It's a long story.

[00:20:50]They like Greco Roman wrestling. Like old school.

[00:20:54]I mean, old school. Oil sand pit. You're making pearls in your butt. It's bad.

[00:20:59]>> Generating qualified leads and long-term relationships. And even more powerful, over 71% went further, actively opting in to connect directly with sponsors through their dedicated connect.

[00:21:13]>> Man, >> our official event.

[00:21:15]>> Yeah, let me guess. 75% of them use PayPal and that's how you're >> that enables one.

[00:21:22]>> Man conversations, qualified introductions.

[00:21:27]Oh god, can you imagine getting a [ __ ] phone call from those [ __ ] I get to FaceTime with them. I'm all dead inside.

[00:21:55]>> [music]