Nearly Half of American Airlines’ Ticket Revenue Comes From Just 30 Percent of Its Seats
Nearly Half of American Airlines’ Ticket Revenue Comes From Just 30 Percent of Its Seats
Catering to the upper echelon of spenders continues to be a winning formula.
BY ALI DONALDSON, STAFF REPORTER @ALICDONALDSON
American Airlines just announced record sales, and that boost came from the very front of the plane.
Earlier today, the $9 billion carrier announced its quarterly revenue hit an all-time high of $16.7 billion, up 16.3 percent year-over-year. Much of that increase was driven by the airport lounge crowd shelling out for first-class and business-class tickets. During the second quarter, revenue from premium passengers outpaced the rest of American’s business, spiking by 19 percent, compared with a 15........
