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Stock impact report

Is first-class dead? The rise of ultra-luxury business class [Yahoo! Finance Canada]

American Airlines Group, Inc. (AAL) 
Last american airlines group, inc. earnings: 4/30 07:30 am Check Earnings Report
Like many of the world's bigger players, Oman Air is replacing First with a new Business Studio cabin. This latest product will feature predominantly on its London and Bangkok routes. The new seats are in addition to its current business class seat and will be cheaper than first class but at a premium to its standard business seats. Oman Air's Business Studio cabin: Con Korfiatis, Chief Executive Officer of Oman Air told Fortune , demand for first-class has seen a diminished demand.” Oman Air's new Business Studio will offer an 82-inch seat pitch, privacy walls for every seat, a 23-inch personal screen, free Wi-Fi connectivity, and à la carte dining. Oman Air's move follows American Airlines, which announced plans to remove international first class when it refurbishes its business class cabins with the latest seats. Instead, American Airlines will offer a new Flagship Suite Preferred seat in the first row of the airline's new Boeing 787-9 aircraft and on retrofitted Boeing 777 Show less Read more
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