Here are the answers to last Friday’s video, enjoy!
Suggested ICAO level for video: 5+
- They make money with premium cabins.
- The business class section makes the airline the most money.
- First, business and premium-economy class generate the majority of an airline’s revenue.
- It happened in the 40s and 50s and at that time a first-class fare usually got you a non-stop flight to your destination, while an economy-class fare usually got you a mail flight that left at a very late time and had several stops along the way.
- Airlines started selling the same flight for different prices in 1952.
- The ‘tourist’ class ticket had no flexibility and had to be bought in advance while the ‘standard’ class ticket could be bought at any time and had some flexibility.
- Firstly, the standard ticket holders were sat at the front, and then airlines started blocking the middle seat, giving them more space, eventually they received better, bigger seats.
- They avoided the first-class market because they believed that Concorde would be for first-class passengers.
- It’s going away again because business class is much more profitable than first class.