Director ASIM Sandro VR, may 21
The disruption the industry experienced during the Covid period destabilized that ratio, but it now appears to be back on track, with the first quarter (Q1) of 2024 showing significant improvement compared to a year ago. Premium traffic’s contribution to airline revenue increased substantially, while its share of total RPK remained virtually unchanged, bringing the industry closer to pre-pandemic levels. It is expected that revenue from premium class traffic will grow along with performed traffic. More fundamentally encouraging is the fact that all regions increased their revenues from premium traffic in Q1 2024, despite maintaining essentially the same level of capacity allocation to this segment.
