How Airlines Really Make Money | Hustlenomics | The Hustle
The Hustle
•October 25th, 2023
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Nearly three million people fly in and out of US airports every day, according to the Federal Aviation Administration. And on average, Americans are paying almost 20% more for airfare in 2023.
Most airlines offer four classes of seating: economy, premium economy, business, and first class. And a growing demand for perks like comfier seats has major US airlines like American and Delta expanding their higher-priced seating offers by 25% to 75%. But not every passenger generates revenue for the more than $750B global airline industry. There's one ticket that really helps airlines land a profit. So which is it? And which one's the best value for your money?
More Hustlenomics episodes:
The Economics of Dollar Stores
https://youtu.be/IERBfLjfXTg
The Problem with Pickleball Explained
https://youtu.be/zMmAr1KvE48
The Economics of the Tour de France
https://youtu.be/buZvCKCpLr4
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