Airlines focus on premium travel services to increase profits amid rising fuel costs.
Airlines are expanding premium offerings such as luxury seats and upgraded lounges to boost profits. American Airlines reported an 18.5 percent year-on-year increase in premium revenue. Since 2020, the number of premium seats on US flights has risen 33 percent.
- American Airlines reported an 18.5 percent year-on-year increase in premium revenue.
Outlets: Euronews (FR), RTL Today, The Jakarta Post, The Japan Times, Times of India (Top)
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