In 2021, Carsten Spohr, CEO of Lufthansa, called the Premium Economy a game changer. Even in the middle of the pandemic, he said: ‘The premium economy has been introduced to all network airlines over the past few years. The contribution per square meter is 39% higher than that of a business class seat. ‘ The premium economy was a great success. [It has] Higher margins per square meter square feet than business class, economic class or first class … We see many more upgrades of economics to premium economy than downgrades of business to premium economy, which we naturally want to avoid. “In 2016, Vistara, the Tata-SIA airline, started in India with a three-class configuration, which was premium-heavy and introduced the premium economy class in domestic aviation. India, Air India is launching its double class aircraft to threefold and introduces premium economy. 29,33 lakh per week.
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