Premium passengers are now flying economy

Premium passengers on international markets tumble in October

As previously forecast, a sharp fall in premium air travel was seen in October. According to IATA’s Premium Traffic Monitor for October, premium travel was just 0.1% higher in October year-on-year, compared with 6.7% in September. The association interprets this as being mostly due to business travellers shifting to cheaper seats; in October economy travel was up 4% on last year.
The share of premium paying passengers in total air travel fell to a level not far above the lows reached in 2009. Driving this weakness is a sharp fall in business confidence. Notable falls were seen on the previously strong pan-Europe and Europe-Far East route segments. Yet economy travel was strong on these routes.
[Lufthansa Senator Lounge, Frankfurt; courtesy Lufthansa]


Check Also

Brussels airlines, strike, union, pilots, Eurowings, flights, cancel, May 2018

Strikes hit Brussels Airlines this week

The Lufthansa subsidiary admits that the strikes will cause “massive disruptions” for passengers.

Brussels Airlines, Lufthansa, Eurowings, merge, strike, pilots, low-cost, airlines, Europe, union

Reasons behind strike at Brussels Airlines

Pilots at the Lufthansa subsidiary are worried about their future as the group pushes Eurowings.

SWISS, Lufthansa, order, Airbus, delivery, delays

Delivery delays force Lufthansa Group into new order

The group, which includes SWISS, is having to make an order that includes older Airbus A320ceos.

Lufthansa, profit, loss, quarter, 2018, Eurowings, Air Berlin, revenue, Swiss, Austrian

Lufthansa quarterly results are “drastic miss”

The airline group is weighed down with costs related to absorbing parts of bankrupt Air Berlin.

Lufthansa, soccer, football, World Cup, 2018, Russia, Moscow, Frankfurt, Munich, flights, travel, airline

Lufthansa adds 85 flights for World Cup

The German giant is expecting a surge in demand for the upcoming football tournament in Russia.

Alitalia, consortium, Air France-KLM, easyJet, bid, offer, buy, acquisition, offer, Lufthansa

Who’s bidding to take over Alitalia?

The Italian airline, now on state-funded life support, has attracted interest through three offers.