3 ms·
The thing is, comfort is sticky (as I well know sadly, second class is hard to bear for me). Low-cost companies targeted people with low disposable income at t
by orwin 2y ago
The thing is, comfort is sticky (as I well know sadly, second class is hard to bear for me).
Low-cost companies targeted people with low disposable income at the cost of comfort.
People who used to have low disposable income have now not enough to travel by plane (or at all), and people who had enough to use standard companies have still enough to use them.
A very interesting fact is that median income grew in the US (less than average, but close enough). The standard deviation (from memory, if this isn't the translation of 'écart-type' I'm sorry) grew also, which indicate that the recent economic 'boom' the US experienced since the end of covid took more than 50% of us citizen with it, but clearly not a huge majority. Germany experienced a very similar thing since 2012. To my knowledge, in Germany it was most likely caused by a transfer from progressive taxation to a fixed one, reducing purchasing powers of people with low disposable income. In the US it seems it's a direct income issue.