Airlines Capitalize on Rising Demand for Premium Seating, The Resurgence of Narrowbody Aircraft, and More

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Airlines Capitalize on Rising Demand for Premium Seating

Airlines are increasing the number of premium seats in response to rising demand from passengers willing to pay for extra comfort. Major U.S. airlines are expanding premium seating by 25% to 75% across parts of their fleets.

Leisure travelers, having saved money during the pandemic, are showing increased willingness to upgrade to larger seats, extra legroom, and higher-quality meals. This trend has accelerated as business travel has resumed and ticket prices have surged due to inflation.

Airlines view this shift as a financial opportunity, leading to retrofitting cabins with more premium seating. source

Post-Pandemic Surge in Air Travel Exposes Potential Workforce Gap in Aviation

The resurgence of commercial airline travel after COVID-19 has amplified the need for pilots and aircraft mechanics. Despite a growing number of pilots, future supply may still not meet the industry's demands. Regional airlines, particularly, struggle to meet the current demand.

Similarly, the supply of aircraft mechanics might fall short, with aviation businesses reporting difficulties in maintaining enough mechanics. In response, airlines are increasing pay and creating flight schools.

The FAA supports these efforts by awarding grants to attract youth to aviation careers. However, future supply and demand dynamics remain uncertain due to factors like anticipated workforce attrition and retirements. source