It’s a huge day for anyone who is consistently able to stretch their legs out all the way on a flight. United Airlines announced several upgrades to its upcoming fleet of 250 new airplanes, offering more legroom, seats that lie flat, and souped-up amenities…for those willing to upgrade. Over the next two years, United will add a number of flights that cater more heavily toward premium customers:
It wasn’t all good news: United CEO Scott Kirby warned that ticket prices might have to increase by 20% if jet fuel costs stay up near cruising altitude as a result of the Iran conflict. Big picture: The second-most profitable US carrier joins other airlines in bolstering its premium offerings, hoping to squeeze out more money per seat. United said that premium revenue jumped 11% last year, while basic economy revenue fell 5%. |
