So why even have a first class Specific figures don't exist, but generally speaking, you wouldn't have first class unless it improved your overall network profitability, ... While it is more expensive to provide first-class service, the idea of having it is to cater to the business traveler, differentiate the cabin and charge a premium. The longer the trip, the more the consumer cares about the food, seat comfort and additional options.
More Quotes from John Heimlich:
The load factors are unprecedented, and in a pre-911 environment, this would clearly be a boon to (higher fares). With the way things are, we are only getting a modest (fare) benefit.John Heimlich
Although airlines have recently passed through a few price increases, they pale in comparison to the magnitude of the sustained rise in jet fuel prices.
John Heimlich
You can't undo five years of deep losses with one year of modest profit. We've got a long way to go.
John Heimlich
The consumers are saying, 'The only time I'm going to travel, I'm going to make it count,' ... While there's some legacy fear factor and some legacy hassle factors, I think it's economics that still rule. As we head into heavier summer travel, we'll be working against our own recovery with some of the delays due to new security measures.
John Heimlich
Surely there is some residual fear or sensitivity to the announcement of threats, but clearly less than there was after 911. A greater residual is economic fallout from 911 and corporations being fiscally conservative on spending.
John Heimlich
We're not saying things are hunky-dory. All we're saying is that some of the indicators we look at and some of the recent trends are promising, and that's the first time I've used that word in a long time.
John Heimlich
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