Air Canada T.AC

Airlines : slight changes to premium products

[Tempo1]

From a CNBC article about the American new order.

Airlines have been grappling with high demand for first class and other premium seats as more customers rack up points with credit cards and appear willing to shell out for more space on board.

American said on Monday that it expects about 80% of its revenue this year to come from “premium content,” meaning products beyond the cheapest tickets, and its loyalty program, up from a 70% share in 2017.

[JuIieRichards]

Surprise, surprise. No, not a surprise at all. This has been discussed extensively on Stocktwits board. Air Canada with its leading edge Aeroplan for US and Canada clients is working this trend and investing deeply in this. It's not a short term thing. The days of bus travel by air are over. Experience driven, well heeled clients want premium spaces, especially for long haul flights. There

[Rob8043]

Is this why AAL tanked today??? LOL. Look at the 3 year chart of most airliners. The technicals short and long term are clear: STRONG SELL

[thinkyourmoney]

Geez...it sounds a lot like Air Canada's business plan.

[JuIieRichards]

  Yep, as previously mentioned: Surprise, surprise. No, not a surprise at all. This has been discussed extensively on Stocktwits board. Air Canada with its leading edge Aeroplan for US and Canada clients is working this trend and investing deeply in this. It's not a short term thing. The days of bus travel by air are over. Experience driven, well heeled clients want premium spaces

[Rob8043]

JulietRichards(aka OnTheBalance) is a propagandist. Check his history on this stock and his disastrous predictions for years.

[alive9well]

Was a documentary Secret Life of the Long Haul Flight (Quantas) from 2017 that discussed how the profitability came from the premium seats. That was on a A-380 now discontinued. But the upper deck is where money was made. AC and other succesful airlines are configuring their single decks based on this strategy coupled with the loyalty programs and frequent travellers.