American, Delta note rebounding premium cabin revenue

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Premium cabin revenue is recovering faster than economy cabins, despite the continued downturn in business travel, Delta and American executives said. “We think a good chunk of that might be people seeking out space that comes with the premium cabin up front,” said Vasu Raja, American’s chief revenue officer, adding: “Even though we don’t have the big corporate business travelers that are normally book those cabins, there’s a lot more customers that are willing to actually go and pay to sit up there, and that’s the thing that we think is a little more likely to stick around.”

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