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

Star Alliance, airlines, digital, technology, share, data, members, mobile, app, website, seat, book, interoperability

Star Alliance improves digital inter-usability

The alliance creates a digital services platform for customers using more than one member airline.

Infare, Harald Eisenaecher, appointment, management, Lufthansa, Sabre, airfare, pricing, intelligence, technology

Top executive joins Danish airfare intelligence firm

Danish provider of intelligence worldwide appoints Sabre and Lufthansa veteran.

Sunexpress, Lufthansa, Lithuania, Vilnius, Airbus, lease, Avion, Turkish Airlines, Antalya

Lufthansa venture to lease Lithuanian planes

Joint venture between Lufthansa and Turkish Airlines to lease five A320s from Vilnius.

Billund Airport looks ahead to busy 2018

Western Danish airport smashes new records for 2017

Lufthansa beats Ryanair as Europe’s top airline

Lufthansa Group as a whole carried 130 million passengers in 2017

Bergen two new routes, Billund one

Air France and Wizz Air announce fresh expansions