TravelNews reports that more corporates are booking first and second-class seats for their employees.
According to forbes.com.au, Delta Air Lines expects premium class revenue to contribute 35% of the R358.97 million revenue estimated to be generated this year.
Comparing 2023’s first and 2022’s second half, Flight Centre’s data shows that first-class bookings increased by 107% and business class increased by 26%.
Demand for first-class decreased before the pandemic, causing many airlines to remove or plan to remove their first and second-class cabins.
Corporate Traveller MD Tom Walley said, ‘First-class bookings have doubled over the past year, and the traditionally cheaper seats – economy and premium economy – are lower. This shift in travel preferences shows that business travel remains a priority for SMEs and that businesses have room in their budgets to pay for luxury on their trips.
‘It shows just how far the SME sector and the travel industry have come in a year – with confidence bouncing back strongly.’