Airlines bet that more premium offerings will boost profits

Some airlines hope more premium offerings could boost profits

Some airlines in the U.S. are installing deluxe seats, enlisting Michelin-starred chefs for luxury menus and designing elite airport lounges as the industry bets its future on grow...

Airlines bet that more premium offerings will boost profits

The strategy is expected to accelerate the shrinking share of coach class on many flights, with airlines envisioning as much as 70 percent of passengers paying for enhanced options, if not first-or business class. Airlines face significantly higher jet fuel costs due to the Iran war, but view such upselling as a profitable longterm bet. Business class seats can each take up floor space equivalent to four basic-level seats, but can be priced five…