»»Business Class Flyers Push Up Airlines Profits
North Atlantic routes confirmed of being among the most profitable ones and the business travelers the more-profitable passengers.
That is what emerges after British Airways reported higher-than-expected fourth-quarter profit.
Financial analysts say the improvement was driven by rising volumes of premium business class passengers, strong expansion on North Atlantic routes and on routes to China and India - India is British Airways’ second-biggest long-haul destination, after the U.S.
Geoff van Klaveren, an Exane BNP Paribas analyst in London, said
“Strong long-haul premium traffic is driving good results for all the network airlines. British Airways is benefiting because it is the No. 1 long-haul carrier out of Heathrow, and when business travel is good, it does well.” (Source)
British Airways stated to have no plans to raise fuel surcharges this year.
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