Airlines See Investment in Premium Seats Begin to Pay Off Again
Skift Take
A good sign of better economies is when companies pay high prices for better seats for their employees.
Statistics revealed today by IATA show that the buzz of activity by airlines, upgrading cabins, and adding more lie-flat seats may be right on the money.
Though premium passenger sales have not yet reached pre-crisis 2008 levels, IATA believes there are favorable factors for recovery of demand. Growth in premium passengers is up 6.5% for May 2014, compared to May 2013, and much stronger than the growth from this April of 3.8%.
IATA shows that current international economic growth is supporting this trend and generating more demand for business travelers paying premium to fly to their meetings.
Despite the confidence that Asia
