The sharp increase in the price of jet fuel following the war with Iran made the airlines face higher costs. At the same time, many of these companies are looking to increase their revenues by investing in luxury seats, special services and dedicated airport lounges.
According to AFP, American airlines are gradually allocating more space on their planes to passengers willing to pay more for better facilities.
According to a professor of aviation economics at Purdue University in the US state of Indiana, business class seats may take up as much space as four regular seats, but they cost five to six times more.
American Airlines announced that revenue from its premium services increased by 18.5% in the last quarter. The company now earns about half of its ticket sales from only 30% of its seats.
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