Airlines focus on expanding premium services to boost revenue
UAL United Airlines Holdings Inc
$112.74 +2.04%
View chart & analysis → 
- 1Airlines are focusing on premium demand by introducing luxury seats and Michelin-starred chef menus.
- 2American Airlines recently recorded an 18.5% year-over-year increase in premium revenue for the quarter.
- 3Business class seats can be priced at a 5 to 6 times multiple compared to economy seats.
So what's the key point?
Airlines are increasing luxury services by offering expensive seats and delicious food. This helps increase profits, as seen by American Airlines' premium revenue growing by 18.5%.
Source AFP · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.