Story perspectives
Air France’s First-Class Revenue Jumps 11% Despite Fuel Costs
By Drooid · · How we work
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Story summary
- Air France expanded its luxury first-class service, boosting revenue despite soaring fuel costs.
- CEO Ben Smith told Reuters that premium bookings grew this year.
- First-class and premium-class revenue increased 11 percent, according to company data.
- Air France raised fares to offset the sharp increase in jet-fuel prices.
- Some former private-jet travelers switched to first class to avoid emissions scrutiny.