The 16 first class seats will be replaced by 30 economy plus seats, increasing capacity by 14 additional passengers per flight and reducing cost of first class food and equipment to serve.
A win-win for company and shareholders but a loss to consumer choice.
If you have 40 first class seats instead of 60 regular seats, why would you drop the price of the first class if you could make more with the 60 regular seats.
“People don’t want to pay what you’re charging so you should drop the price”
AA: “No”
Repost to scare an economics 101 class.
Replacing those seats with regular price seats is just as proper.
The 16 first class seats will be replaced by 30 economy plus seats, increasing capacity by 14 additional passengers per flight and reducing cost of first class food and equipment to serve. A win-win for company and shareholders but a loss to consumer choice.
Nobody is making that choice, so what does it matter? This is spooky and demand doing what it does.
It doesn’t matter.
AA: “No” cocks gun
They could simply be chasing the largest profit.
If you have 40 first class seats instead of 60 regular seats, why would you drop the price of the first class if you could make more with the 60 regular seats.