Unlimited caviar and private space: Airlines are playing catch-up by wooing luxury travelers

Dubai’s Emirates airline in August announced an investment of over $2b to improve its inflight customer experience, including cabin interior upgrades and new menus — with unlimited caviar. The world’s biggest long-haul carrier will be retrofitting over 120 aircraft with new interiors, as well as dishing up menus with new vegan options and cinema snacks like popcorn, Emirates said in a statement. Other new perks for the carrier’s first-class travelers include unlimited portions of Persian caviar, paired with Dom Perignon vintage champagne. Those investments come just as Emirates posted a $1.1b loss for the year ended March 31. “While others respond to industry pressures with cost cuts, Emirates is flying against the grain and investing to deliver ever better experiences to our customers,” said the president of Emirates airline, Tim Clark. Emirates is not the only airline pulling out all the stops to ride the tailwinds of “revenge travel” — the idea that people are making up for time “lost” during the pandemic to travel again. Earlier this year, Finnair launched a new line of premium economy cabins, featuring seats that provide around 50% more space than their economy seats. Air France, likewise, announced new long-haul business seats in May, complete with sliding dividers for passengers who want their own private space. Emirates said that it has seen “a lot of interest” in these luxury upgrades, though it said it does not have the full numbers yet. The upgrades come on the heels of an industry report predicting that business travel spending will return to pre-pandemic levels in 2026 rather than 2024, as previously forecast. Though spending by business travelers has been on the upswing, the Global Business Travel Association (GBTA) annual report stated that the 2021 figure was still less than half of the over $1.4t that was generated by in business travel in 2019.<br/>
CNBC
https://www.cnbc.com/2022/08/25/unlimited-caviar-and-popcorn-how-emirates-is-wooing-luxury-travelers.html?&qsearchterm=airlines
8/24/22