Airlines can't add high-end seats fast enough as travelers treat themselves to first class
Publishing timestamp: 2023-08-12 14:08:06
Summary
Airlines are focusing on adding roomier seats in order to attract high-spending travelers. Premium seats are becoming more important to carriers as ticket prices fall and business travel rebounds from the pandemic. The share of premium economy seats has increased, while first-class seats have decreased. Airlines such as Delta, JetBlue, United, American, Finnair, and Lufthansa have announced upgrades to their first-class and premium economy cabins. The price differences between premium economy and regular economy can be significant. Delta expects premium ticket sales to account for 35% of its revenue this year. American Airlines plans to replace its Flagship First Class with a business-class cabin featuring suites with sliding doors. Delta and United have also introduced new first-class seats with privacy wings for domestic flights. Virgin Atlantic offers different seating configurations based on popular routes.
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Keywords: travel, aerospace and defense industry, breaking news: business, life, transportation, markets, american airlines group inc, delta air lines inc, united airlines holdings inc, business, boeing co, breaking news: economy, breaking news: markets, business news, economy, airlines, jetblue airways corp, raytheon technologies corp,
Source: https://www.cnbc.com/2023/08/12/airlines-add-premium-first-class-seats.html