This one’s easy. Lubinski and Lominski indicate we are in a certain European country where most of this movie is said to take place. Naturally it all takes place in a studio in Hollywood. The whole movie was produced by the Romaine Film Corporation which seems to only have ever released this particular movie.
The main female character unfortunately died in a plane crash before this movie was released. So the producer thought they better delete the line “What can happen in a plane?” from the film.

No, this is not the movie O Brother, Where Art Thou by the Coen Brothers we’re looking for.

Although this movie was filmed in the early 40s it looks like nothing has changed. Just replace communists with neoliberalists and it fits perfectly into today’s society:

“This picture is an ANSWER to communists. It shows we’re awake and not dunking our heads in the sand like a bunch of ostriches. I want this picture to be a commentary on modern conditions, stark realism, the problems that confront the average man.”
“But with a little sex.”
“A little, but I don’t want to stress it. I want this picture to be a document. I want to hold a mirror up to life. I want this to be a picture of dignity - a true canvas of the suffering of humanity.”
“But with a little sex.”
“With a little sex in it.”
“How about a nice musical?”
“How can you talk about musicals at a time like this? With the world committing suicide, with corpses piling up in the street, with grim death gargling at you from every corner, with people slaughtered like sheep!”
“Maybe they’d like to forget that.”
“Then why do they hold this one over for a fifth week at the Music Hall? For the ushers?”
“It died in Pittsburgh.”
“Like a dog.”
“What do they know in Pittsburgh?”
“They know what they like.”
“If they knew what they liked, they wouldn’t live in Pittsburgh. That’s no argument.”

And one classic line will certainly be true about movies for all times (except for some x-rated all-male adult movies…but these are hardly the ones Mr. Asta is interested in here):

“How does the girl fit in this picture?”
“There’s always a girl in the picture. Haven’t you ever been to the movies?”