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Airline Business- Class Deals Erode Last Profit Center

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DAILY DEFLATION DATAPOINT
"First- and business-class travel fell 21 percent worldwide in June compared with a year earlier, or three times the decline in economy class, according to industry data. That has eroded the prime source of profit at carriers such as British Airways, which last year got 45 percent of revenue from premium travel that accounted for only 13 percent of seats sold."
SOURCE:   Bloomberg

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