It's not that the demand for premium seats has increased, it's that economy seat spacing and quality has decreased so much over the years that now "premium" seats are really just what regular economy used to be.
And that is somewhat due to keeping flights affordable from increasing demand. Not that airlines have my sympathy if they're banking billions in profit every year at our expense. But I understand how hard scaling air travel is when people expect cheap, on-time, good customer service, safety etc. Demand for all seats/travel has increased exponentially. That's why you're seeing more close calls with air traffic disasters. You can't simply scale the airline industry like many other industries that don't have as much at stake.
Exactly. They keep lowering the bar of standard and increasing the cost which means they’re retiring to push people to pay for more while being increasingly less. Capitalism sucks. This Is the kind of world we want to live in? No.
@@thihal123 What some call end stage capitalism. Most goods and services monopolized by big corporations and we will own nothing and like it according to some globalists. I don't like it either. It's the exact opposite of free market capitalism.
@@thihal123 Unfortunately the extreme on the other end of the political spectrum is even worse. A centralized economy just doesn't work. It's been tried and tried again. Communism goes against human nature. A more heavily regulated capitalism might work, but infinite economic growth is impossible in a world with finite resources. We're reaching the limits of capitalism's utility I believe. It was a great equalizer for decades but now it's shifting towards more inequality. Just my opinion.
@@briangasser973 The point is that there was only business, 1st, class, and then the rest. Airlines became “creative” after 9-11 and made up a lot of “charges” for things that were already basic and included.
@Dangic23 I got your point. But the business model from the 1980s to early 2000s was unsustainable. All the legacy carriers could not cover their cost and went through bankruptcy court. Today, legacy airlines have the profits to invest in new aircraft, tech, safety, and provide employees a stable job.
@@briangasser973 Nope. After 9-11, the Government allowed airlines to temporarily implement a-la-cart charges in order to recover from the economic downturn caused by the attacks. The Airlines eventually recovered, but the temporary charges never went away and instead became permanent and multiplied to many other things not needing to be charged for. It got to the point now where our US domestic airlines are discussing the possibility of adding a standing in the aisle option. This is just out of control
Airlines shouldn’t hedge their bets on credit card holders and isolate loyal business travelers because it will backfire as soon as this next recession hits. My United Club membership just expired this month and there’s no way I’m gonna re-up. I won’t continue to pay $650/year for their dumpster food and congestion. As a business traveler, the whole point of an airport lounge for me is to get away from the crowds and noise, relax, and maybe take a dump in the nicer bathrooms. Nowadays, airport lounges seem more like refugee boats.
@@briangasser973That may be true but just on perks alone I’m making out by about 1200 a month. From free streaming to Walmart plus etc. The card pays for itself very easily.
Same.... I was Delta Diamond for years and no more. I don't understand why Delta gave everything away to credit card holders that rarely fly Delta. Of my short 30min to 60min connection times, I could hardly get into Sky Club. Now I use other airlines that give me best value and schedule alignment, and Delta lost a lot of revenue from me. Depending on your travel habits, that $695 a year fee could cover a bit of food and drink at the airport vendors, probably for the whole year.
@@RealSerie26NO liquids more than 100mls past security. It's been inforce for almost 20 years..... i'm surprised you haven't noticed lol But they are currently rolling out the new scanners where you don't have to remove your shoes or take out your laptop and can take liquids upto 2 liters i think.
Can i just ask: why worry about airport lounges at all? Aren’t you just trying to get to your destination? Even on a 3 hour layover, I just plug my phone or laptop into electricity, put in some earbuds, and read a book, or listen to music while waiting for next flight. I'd NEVER spend that kind of money to enter an overcrowded, overpriced lounge. It's not like you're spending days in the airport. It's literally just a few hours, tops. Just sit in the terminal and read and relax for $0.
The lounges didn't used to be overcrowded, it's just that everyone and their dog started to qualify or purchased the option. They used to be quiet, comfy places to relax, nap, grab a snack/drink, read, etc.
I think it depends on your schedule. On my business trips to Singapore, I used to enjoy taking showers and changing out of my business attire before a long night-flight. I would check out of the hotel in the morning, do my meetings, and then arrive at the airport in the evening. I often saw people eating, drinking, or enjoying their time in the lounge. But I only wanted to get comfortable so I can sleep better on the plane. One time I was so exhausted, I fell asleep before take off and woke up when the plane landed.
i like to eat and drink new things, and not pay for it. Hello lounges. A 3 hour layover sucks without them. Even junk lounges like SVQ, BER, & LSC atleast have drinks and something to munch on, along with better seats.
These days, I couldn’t care less about IFE or wifi. I am happy to download my own movies and shows onto my iPad etc. The only thing I would want is a nice seat and a great meal.
The economy airlines have shrunk their seats to the point they have to leave the back 2 rows empty (12 seats).... due to weight. Hear me out, what if they made the seats bigger again and just left out those 12 seats, automatically reducing the weight of the plane?
Yeah, the way they get around that is by making you pick a single airline. Who uses the same airline always? Typically we go for the cheapest ticket and there goes that credit.
The Business/First perk experience is far from what the rwtnof the world receives. Unlike the rest of the world in the US you don't get access on a business class ticket to lounges unless you are going international.
Was on 1 hour flight from BKK to CNX in Thailand recently and they served a hot meal. The US is a joke. So far behind in so many ways. Oh, the emergency evacuation of the plane within 90 seconds is flawed. It is done more by computer simulation than the actual demonstration by a diverse group of people.
The reason we pay for “premium” is because it’s the basic economy we used to pay for years ago. We are simply paying for a rebranded, bare minimum service. At least domestically here in the U.S.
I've been to many lounges and I rarely, if ever, see people get massages. It's usually treated as a place to sit and get a quick bite to eat.... and maybe a shower if you are to/from international flights. However, I have seen people slamming cocktails and wines at 7am in the morning - this is an exclusively US thing - I think the US has a lot of alcoholics.
I have been loyal to Delta for decades and maintained top status for many years. The pandemic basically stopped my business travel and I lost my top status. Now I fly with much lower status and notice no difference! In fact, I can now get one of the better economy seats and hold it, instead of getting "upgraded" into a middle seat or other less desirable seats. All the things they talk about are just marketing fluff. Food is still crappy. Economy meal on Asian airlines beat US Domestic First Class meal... The only real area the US airline did better is Internet. Having the ability to check work email and keep up with some work helps me to be less stressed when I land, especially after a long flight.
not really, considering they pay you to have them. Wehave several of those, and dont mind the yearly fees of thousands of dollars. Via credits, and perks, we ALWAYS come out ahead!
If you are a frequent flyer, it's actually not a bad idea - you actual save money. For a period of my career, I fly at least one roundtrip a week. I would drop in to have breakfast before my morning flight... and at my connecting airport if applicable. On my return home flight, I would go have a quick bite after landing because I would be too tired to cook. If you add up all this, it's definitely worth it.
That’s an understatement. The bar of entry to be a passenger has also lowered. I actually wish it were more expensive to fly and have less sketchy passengers Cheers
If there’s a bunch of kids running around and so many people, lounges aren’t worth it. The whole point of lounge access is exclusivity and luxury, and I don’t love airlines for their bastardisation of economy but restricting lounge access is the right thing to do in my opinion
The airport lounge is exactly why I went with Venture X. I’m hoping they continue to expand their market share. If they could get into Charlotte and Atlanta I would be set
As silly as the wifi and food things might seem at least for me it certainly makes a difference. I live in Hawai'i and typically prefer Hawaiian Airlines...trying to get anywhere near a mainland area is at least 6 hours so I like the comfort and familiarity since I've flown with them since I was a kid. I decided on United for a recent trip in March to cut costs and prevent switching airlines for my connecting flights and goodness there is nothing quite as draining as eating tasteless quinoa and dry chicken in a seat that feels like I'm a packed in rat without having good enough wifi to watch a youtube video to drown out the exhaustion. All I could think at the time was wow, at least Southwest had hot cocoa.
Not anymore. The thrill was gone once I started noticing the massive encroachment fueled by credit card perks. It sucked the relaxation and somewhat exclusivity right out of it.
The majority of people would pay extra for larger economy seats if we knew beforehand that we were getting value of the money. It isn't always easy to find out the information in advance before purchasing a ticket what seat width and pitch you are booking, they use terms like extra leg room or economy plus but that means nothing without the facts to compare.
In the 90s, my Dad used frequent flyer miles from his work to take us from Chicago to Hawaii just about every year, 4 of us. Stopping at any airline lounge he had a membership for too, paid for with points too, he had a pass for the airport lounges for American, United, and Continental. Can’t accumulate miles like that anymore…
Funny how all the talk of America's new "recession" is coinciding with a unabating surge of travel in premium class seats paid through high-AF charge cards.
Bangkoks Thai Airways lounge has the most service and concierge service, you can book ladies to accompany you to their private rooms that has a bath and spa if you get what I mean, but you have to pay cash for that service
VERY skeptical re US airline perks, always have been. The US airlines have a dyed-in-the-wool utilitarian concept of service, cheap as they can possibly get away with. They, and BA, will pull apart a sandwich, and call it a gourmet entrée.That Delta woman looks particularly untrustworthy. That’s generally why Asian airlines will always beat the pants off of them, because they will design luxury from the ground up. This is CNBC, so they’re not going to insult advertisers.
This rush back to flying for the general public has resulted in airlines over spending. I believe in about 2 to 3 years. This hype will die down, and the industry will be left with airlines that have too many airplanes too many staff and not enough employees, which will result in massive layoffs.
Most of time, I don’t bother with airport lounge, they mostly full, don’t see food display like in the video. Airport like LAX, lounge is shared by multiple airlines is worse. You can hardly find a seat and the food stand is like a homeless food charity, bunch of people holding empty plates waiting for refill and cup of noodle is what you get instead of real food.
The Emirates Dubai lounge cost me roughly $130 for unlimited DRINKING, buffet food and use of the shower spa. Emirates puts everything from American air carriers to absolute shame. ANA is a close second but I’m not crazy about Japanese food. Singapore Airlines is cool too, but I don’t like their food either.
I think it was the right step to restrict access for basic economy seats. If everyone get access the quality food, drinks, cleanliness, wait time and experience in the lounge goes out the window and the airline needs to please its higher paying and frequent flyer customers in the lounge areas.
Who's handing out peanuts at this point? I haven't seen a bag of peanuts in years due to so many people being allergic. Almonds seem to be the new nut for airlines.
After having been in a few lounges, lounge access means next to nothing for me. I'd rather spend as little time in the airport as possible, since that's all just time spent waiting around doing nothing regardless. The lounge gets pretty boring after a while too, and there's only so much food you can eat.
Used to have Sas eurobonus premium mastercard. I wnet back to a regular when they hiked prices from 250$ to 300$ & now Its almost 400$ & It has been heavily watered down to a bad product only worth 200$. Now I left the entire creditcard part of Sas as Its so diluted that Its not worth having the card anymore. But In denmark we dont have competition on the credit card front. All we get Is Sas premium mastercard & norwegian visa. We only get a few cards with cashbacks. But not the system of envy that the US has. No rewards programmes that Is actually inducing a reason to be loyal. But hey at least i can always count on my priority pass card.
As far as I remember most of your videos was captured earlier, but would be great to follow you on live trading and get an experience with you on live...Thank you!
Been flying since the 80s. Over two million miles. Back then there were two classes (coach and first). I could only fly coach. A non-stop flight from memphis to orlando (in coach) and we got a full meal, on normal dinnerware, metal cutlery and a choice of entree. Now, first class has a seat that was a coach seat back then and we are thrown a "gourmet" back of nuts and get a cup of soda or water. Economy (previously coach) is crammed into torture seats and gets nothing. Everything and everyone from the online process, to check-in, to flight attendants, makes it seem like you are bothering them by flying their airline.
They need to crank up the requirements for using the lounges and the loyalty cards. You should need an 800 to even touch an Amex Plat card. The way it stands now, billy bob the contractor even qualifies. You go listen to the people complaining about the lounges being full and 90% of them have no business being in them to begin with.
Air travel is becoming such an increasingly terrible experience if you can't afford to drop that extra cash on upgrades. It's not like basic economy seats don't also cost an arm and a leg.
I'm almost six feet tall, so flying in any economy seat is very uncomfortable, no matter how much I get up and stretch my legs. I'm in agony for a day or two after a long flight. Premium economy is often triple the price of economy so I can't afford it. I couldn't care less about meals, WiFi or in-flight entertainment. Give passengers more legroom in economy!
Nice credit card infomercial. 💳 I've been in a few lounges when I've been bumped and rebooked. They were ok. but nothing worth high fees and jumping through terms and conditions hoops to experience regularly. What experienced air traveler doesn't know that yes you can show up to the airport 60 minutes prior to take off with bags to check and still make your flight? This 2-3 hours early crap is a ploy to get you to fill the waiting time with airport shopping. There's no lounge quite like an extra hour in your hotel room, or leaving your bags at the desk between check-out and going to the airport. You'll get much more bang for your buck, taking a stroll and picking a restaurant to lounge in downtown.
This exactly. I don't understand why people are so eager to spend more time at the airport, nor to pay their high prices. An airport meal is literally double that of the same meal outside the airport. Airlines want you spending as much time in the terminal so you'll shop and spend money. I'm not falling for the trap.
@RedShipsofSpainAgain aerospace is inherently expensive, and lots of airlines go under. Hence, they have to resort to gimmicks aside from airfare to be profitable. Many countries subsidize their national airlines, seeing them as a public utility sparing the already weary traveler from having to be pitched credit card offers in flight with insane fees and APRs for "aircrypto." That’s my term for points and miles which all have dictatated non market based values assigned and arbitrarily changed to prevent redemption by most travelers paying their own way. Just buy the cheapest ticket, and your savings compared to airline loyalty will equal the cost of a flight in short order. There's no free lunch in the lounge. You'll be paying interest on that club sandwich for ten years if you're not constantly on "points and payment patrol" 24/7. Cash is King.
You guys clearly probably don't travel enough or have not been to good lounges. For me, I leave my home early so I can get ahead of the crazy morning commute traffic, so I arrive a bit early to the airport. Getting ahead of commute is my main motivation but then the lounge allows me a space to wait.. And some airline lounges are worth spending time in. United's Polaris are great and Delta's new lounges are also very good, especially Tokyo.
Star Trek teleportation can't get here soon enough. All the time we waste traveling and waiting to travel...eliminated. You simply appear at your destination.
When the topic of airplane ✈️ Wi-Fi came up, for some reason my first thought was I bet private jets 🛩️ don’t have this same issue even though “the problem is complex” (which it is btw). So what makes a 🛩️ special in the Wi-Fi paradigm other than its size?
Interesting how United, Delta and JetBlue show modernity in their seat products and yet the largest airline in the world, American Airlines was a no show in that segment.
Economy seats are meant for people who are 5'10 and 180Lbs and haven't changed much in size as the avg person is bigger? Well no wonder there is a "trend" towards upgrading for more room.
And with all these new lovely less dense seats added (many which can't be used for flotation) the airlines to pack these seats in, SHRINK the lavatories at least on US carriers.
They stopped sell day pass a long time ago because of crowding. Also, if you think of it $50-$75 is a lot of money for a pass. That will easily get you 2 or 3 meals at the airport restaurants...or more if you go with fast food.
I have a loyalty to United because I have a friend who works for them and I can get their flight benefits. I can travel as a non rev passenger for really cheap and also I can buy a confirmed ticket as well for really cheap too. Tbh, because of that, even though I’m loyal to United, I really don’t need one of those credit cards because I save money and a lot of it to add to that, and I get to fly in business class on an international flight if I use my non rev benefits. Any miles I earn now, just go towards savings towards another free flight and also possibly a free upgrade if I want to use my miles for it
Meanwhile on the train Business class? Here’s the lounge. Four well dressed folks in it, keeping to themselves with a cup of coffee and the news or some work, headphones as necessary. A coffee and snack spread all day. Attendants standing by to usher you to the the platform when boarding. No charge. Meals on the train with the ticket. The airlines? Transcontinental first class, lounges want nothing to do with me. Well I guess I have to fork over $22 for a burger, and sit at a school desk then.
"Making airline food is difficult. If you think about how hard it is to cook for ten people, imagine cooking for 200 people or 300 people at once..." Cruise ships cook for thousands, and the food usually tastes great!
@@amfrance yeah but it's a completely different environment. All cruise ship food is made on the ship. Airplanes you can't cook anything on. It's all made at the airport then carted over to the plane and stored until meal time.
I miss flying on Eastern airlines and having an actual meal as part of my flight. The 1980s where much better for traveling by plane. Now you get a bag of Peanuts and a cup of drink as part of your ticket, maybe.
People treating their airplane seat and lounge like it's gonna be their home for the next 8 years, rather than the home it's actually gonna be, for the next 8 hours, at most.
@@AdrianLee Bring a book. Download some educational stuff about the place you are going to. You do not have to be contacted 24/7. Will somebody parish if you are not connected? Embrace the solitude :) Peace
For general leisure travel, sure download some videos or use the IFE. Even basic messaging tier WiFi can be very useful for communicating with whoever is picking you up or planning a meetup before you land. On some delayed flights I've used the onboard WiFi to figure out my contingency plan for missing connections. Business travellers also may have messages they really shouldn't miss, especially on flights longer than a couple hours. If you find it liberating to not have WiFi on flights, that's great for you and there's no reason to connect. Personally I find a stress reduction from being able to plan my transit from the airport to my destination while still in the air.
@@SupernovaeTech I hear you Sir, but if you are such an important business traveler you should not go travelling :) I travel for business and not being connected is just wonderful. And if it something urgent I have people to take care of it :) I too find it liberating as you said :)
Delta are trolling everyone. Their first class seats are surprisingly basic. I’m actually surprised they were bold enough to talk about them. Even Etihad’s premium economy are better!
I use Capital One Venture to accumulate rewards points. I ONLY fly business class internationally. I only fly First class domestically. (American air carriers are trash 🚮) I always use the lounge if there’s a layover.
Anybody with real money owns their own plane they don't hardly fly in commercial carriers. It's time these companies start to treat us all like humans and not like cattle and make the entire plane first class experience. Nobody wants to sit in-between 2 people that are over 200 lbs, listening to one snore while the other has bad hygiene, while both taking the armrests leaving you with none.
Pre Covid I made a decision not to fly. Not phobic, just don't like being constantly messed with. This says bad things about who we are as a people in America. And I wasn't uncomfortable using Greyhound on occasion, they were just more upfront about it.
United and American Airlines, both are Terrible in Maintenance and service. We bought direct flight tickets; they all bumped us to stop over flights Turning 4 hour flights to a 24 Hour flights. Both are terrible.
It's not that the demand for premium seats has increased, it's that economy seat spacing and quality has decreased so much over the years that now "premium" seats are really just what regular economy used to be.
Uuuuuuuuuu
And that is somewhat due to keeping flights affordable from increasing demand. Not that airlines have my sympathy if they're banking billions in profit every year at our expense. But I understand how hard scaling air travel is when people expect cheap, on-time, good customer service, safety etc. Demand for all seats/travel has increased exponentially. That's why you're seeing more close calls with air traffic disasters. You can't simply scale the airline industry like many other industries that don't have as much at stake.
Exactly. They keep lowering the bar of standard and increasing the cost which means they’re retiring to push people to pay for more while being increasingly less.
Capitalism sucks. This Is the kind of world we want to live in? No.
@@thihal123 What some call end stage capitalism. Most goods and services monopolized by big corporations and we will own nothing and like it according to some globalists. I don't like it either. It's the exact opposite of free market capitalism.
@@thihal123 Unfortunately the extreme on the other end of the political spectrum is even worse. A centralized economy just doesn't work. It's been tried and tried again. Communism goes against human nature. A more heavily regulated capitalism might work, but infinite economic growth is impossible in a world with finite resources. We're reaching the limits of capitalism's utility I believe. It was a great equalizer for decades but now it's shifting towards more inequality. Just my opinion.
Premium economy is what a normal seat was before the airlines went rogue
Good point
The price of premium economy is still cheaper than what economy cost decades ago. The majority of the public would prefer to save a buck.
@@briangasser973
The point is that there was only business, 1st, class, and then the rest.
Airlines became “creative” after 9-11 and made up a lot of “charges” for things that were already basic and included.
@Dangic23 I got your point. But the business model from the 1980s to early 2000s was unsustainable. All the legacy carriers could not cover their cost and went through bankruptcy court. Today, legacy airlines have the profits to invest in new aircraft, tech, safety, and provide employees a stable job.
@@briangasser973
Nope.
After 9-11, the Government allowed airlines to temporarily implement a-la-cart charges in order to recover from the economic downturn caused by the attacks.
The Airlines eventually recovered, but the temporary charges never went away and instead became permanent and multiplied to many other things not needing to be charged for.
It got to the point now where our US domestic airlines are discussing the possibility of adding a standing in the aisle option.
This is just out of control
Airlines shouldn’t hedge their bets on credit card holders and isolate loyal business travelers because it will backfire as soon as this next recession hits. My United Club membership just expired this month and there’s no way I’m gonna re-up. I won’t continue to pay $650/year for their dumpster food and congestion. As a business traveler, the whole point of an airport lounge for me is to get away from the crowds and noise, relax, and maybe take a dump in the nicer bathrooms. Nowadays, airport lounges seem more like refugee boats.
They are hedging big time. Delta Amex partnership was 6 billion to Delta a year in redemption alone. There goal is to bring that to 10 million.
It's tough to complain about the $695 fee when lounges are still packed. You may not find value, but a lot of others do.
@@briangasser973That may be true but just on perks alone I’m making out by about 1200 a month. From free streaming to Walmart plus etc. The card pays for itself very easily.
Nobody goes there anymore ... Its too crowded Yogi Berra
Same.... I was Delta Diamond for years and no more. I don't understand why Delta gave everything away to credit card holders that rarely fly Delta. Of my short 30min to 60min connection times, I could hardly get into Sky Club. Now I use other airlines that give me best value and schedule alignment, and Delta lost a lot of revenue from me. Depending on your travel habits, that $695 a year fee could cover a bit of food and drink at the airport vendors, probably for the whole year.
I pack my own food and book the cheapest ticket in advance....the airlines hate me
They don't care about you and the same sentiments should be paid right on back.
Can you get a sandwich past the tsa checkpoint?
@@dannydaw59 Any non-oily or non-messy food with a non-refrigerated shelf life of a day will be fine. Cookies/granola bars are fine too.
Sooo, they let food through but not water?
@@RealSerie26NO liquids more than 100mls past security. It's been inforce for almost 20 years..... i'm surprised you haven't noticed lol
But they are currently rolling out the new scanners where you don't have to remove your shoes or take out your laptop and can take liquids upto 2 liters i think.
Can i just ask: why worry about airport lounges at all? Aren’t you just trying to get to your destination? Even on a 3 hour layover, I just plug my phone or laptop into electricity, put in some earbuds, and read a book, or listen to music while waiting for next flight. I'd NEVER spend that kind of money to enter an overcrowded, overpriced lounge.
It's not like you're spending days in the airport. It's literally just a few hours, tops. Just sit in the terminal and read and relax for $0.
The lounges didn't used to be overcrowded, it's just that everyone and their dog started to qualify or purchased the option. They used to be quiet, comfy places to relax, nap, grab a snack/drink, read, etc.
I think it depends on your schedule. On my business trips to Singapore, I used to enjoy taking showers and changing out of my business attire before a long night-flight. I would check out of the hotel in the morning, do my meetings, and then arrive at the airport in the evening. I often saw people eating, drinking, or enjoying their time in the lounge. But I only wanted to get comfortable so I can sleep better on the plane. One time I was so exhausted, I fell asleep before take off and woke up when the plane landed.
i like to eat and drink new things, and not pay for it. Hello lounges. A 3 hour layover sucks without them. Even junk lounges like SVQ, BER, & LSC atleast have drinks and something to munch on, along with better seats.
@@ricardoxelmundo5330 if you think you're not paying for it, I feel sorry for you. You definitely pay for it in other ways
@ricardoxelmundo5330 you are paying for it. It is part of your card annual fee.
These days, I couldn’t care less about IFE or wifi. I am happy to download my own movies and shows onto my iPad etc. The only thing I would want is a nice seat and a great meal.
Exactly. With a bit of planning you can watch or read what you want on the plane.
Yup. Comfortable seats, legroom, good food.
That standing seat idea is absolutely laughably ridiculous 😂😂they tryna cram as many people into an airplane as possible like it’s a NY subway
If flights aren't that long it's probably like standing in NY subway. Maybe you might be surprise what people might do to save a couple of bucks.
The economy airlines have shrunk their seats to the point they have to leave the back 2 rows empty (12 seats).... due to weight. Hear me out, what if they made the seats bigger again and just left out those 12 seats, automatically reducing the weight of the plane?
you getting a zero in the business school if that's your answer to fix the problem
@@boscostick3725 i am a MBA from one of top USA b schools, you have no idea of what they teach in MBA
how are you gonna forget about the $200 incidental airline fee credit on the amex plat?
To be fair the platinum has too many awards to keep track of, but yeah that’s a big deal for travel
Yeah, the way they get around that is by making you pick a single airline. Who uses the same airline always? Typically we go for the cheapest ticket and there goes that credit.
I'd gladly give up wifi and lounges for more comfortable seats and leg room on the actual planes.
Yes, I will give up wifi and lounges to get a Lazy-boy seat. And it reclines so good I don't have to worry hitting someone at the back.
The Business/First perk experience is far from what the rwtnof the world receives. Unlike the rest of the world in the US you don't get access on a business class ticket to lounges unless you are going international.
Was on 1 hour flight from BKK to CNX in Thailand recently and they served a hot meal. The US is a joke. So far behind in so many ways.
Oh, the emergency evacuation of the plane within 90 seconds is flawed. It is done more by computer simulation than the actual demonstration by a diverse group of people.
Strange
The reason we pay for “premium” is because it’s the basic economy we used to pay for years ago. We are simply paying for a rebranded, bare minimum service. At least domestically here in the U.S.
Yet the sheep line up…..
I don’t get it. I just show up to the airport and get on my flight
I like these CNBC documentaries.
Yeah they’re good!
Seems like a colossal waste of money to pay for the “privilege” of sitting and waiting in a crowded lounge when I can do that for free at the gate.
Lmfao sounds like you never been to a lounge but ok😂
LOL - what about all the free food and drink ? the massages ? the wif ? the spa/showers etc
I've been to many lounges and I rarely, if ever, see people get massages. It's usually treated as a place to sit and get a quick bite to eat.... and maybe a shower if you are to/from international flights. However, I have seen people slamming cocktails and wines at 7am in the morning - this is an exclusively US thing - I think the US has a lot of alcoholics.
@@seanzheng9577it’s a status thing… I have access to one but rarely use it cause… why?
Most of the lounges I've visited have not been much better than just finding an empty gate waiting area.
On top of that, they want to charge $70 for entrance to a room that only has chips and crackers
I have been loyal to Delta for decades and maintained top status for many years. The pandemic basically stopped my business travel and I lost my top status. Now I fly with much lower status and notice no difference! In fact, I can now get one of the better economy seats and hold it, instead of getting "upgraded" into a middle seat or other less desirable seats. All the things they talk about are just marketing fluff. Food is still crappy. Economy meal on Asian airlines beat US Domestic First Class meal... The only real area the US airline did better is Internet. Having the ability to check work email and keep up with some work helps me to be less stressed when I land, especially after a long flight.
The branded creditcard have changed the frequent flyer status
The announcement for standing seat would probably be: "super broke, boarding now, i repeat, super broke, boarding now" 😂
I would do that
it would still cost you 400 bucks unless you perk to basic economy.
They should call it scum class
The $395-700 price tags are insane.
not really, considering they pay you to have them. Wehave several of those, and dont mind the yearly fees of thousands of dollars. Via credits, and perks, we ALWAYS come out ahead!
If you are a frequent flyer, it's actually not a bad idea - you actual save money. For a period of my career, I fly at least one roundtrip a week. I would drop in to have breakfast before my morning flight... and at my connecting airport if applicable. On my return home flight, I would go have a quick bite after landing because I would be too tired to cook. If you add up all this, it's definitely worth it.
Yeah, definitely agree that lounges no longer feel premium precisely because of overcrowding. Feels like the bar for entry is lowered too much...
That’s an understatement. The bar of entry to be a passenger has also lowered. I actually wish it were more expensive to fly and have less sketchy passengers
Cheers
If there’s a bunch of kids running around and so many people, lounges aren’t worth it. The whole point of lounge access is exclusivity and luxury, and I don’t love airlines for their bastardisation of economy but restricting lounge access is the right thing to do in my opinion
The airport lounge is exactly why I went with Venture X. I’m hoping they continue to expand their market share. If they could get into Charlotte and Atlanta I would be set
As silly as the wifi and food things might seem at least for me it certainly makes a difference. I live in Hawai'i and typically prefer Hawaiian Airlines...trying to get anywhere near a mainland area is at least 6 hours so I like the comfort and familiarity since I've flown with them since I was a kid. I decided on United for a recent trip in March to cut costs and prevent switching airlines for my connecting flights and goodness there is nothing quite as draining as eating tasteless quinoa and dry chicken in a seat that feels like I'm a packed in rat without having good enough wifi to watch a youtube video to drown out the exhaustion. All I could think at the time was wow, at least Southwest had hot cocoa.
Lounges aren’t worth it.
Not anymore. The thrill was gone once I started noticing the massive encroachment fueled by credit card perks. It sucked the relaxation and somewhat exclusivity right out of it.
The international ones, I think still do, domestically in the US…not as much anymore.
The majority of people would pay extra for larger economy seats if we knew beforehand that we were getting value of the money. It isn't always easy to find out the information in advance before purchasing a ticket what seat width and pitch you are booking, they use terms like extra leg room or economy plus but that means nothing without the facts to compare.
In the 90s, my Dad used frequent flyer miles from his work to take us from Chicago to Hawaii just about every year, 4 of us. Stopping at any airline lounge he had a membership for too, paid for with points too, he had a pass for the airport lounges for American, United, and Continental. Can’t accumulate miles like that anymore…
Funny how all the talk of America's new "recession" is coinciding with a unabating surge of travel in premium class seats paid through high-AF charge cards.
No one is predicting a recession anymore
Aside from last year's revenge travel, most of my flights aren't close to full.
My condolences to you and your family! Rest in peace Dipper! 😢😢
Bangkoks Thai Airways lounge has the most service and concierge service, you can book ladies to accompany you to their private rooms that has a bath and spa if you get what I mean, but you have to pay cash for that service
They need to make more exclusive lounges
I’m for consistency: my lounge is the Burger King in the terminal with a sloppy burger and my seat in economy gets consistently worse every year ✌️
VERY skeptical re US airline perks, always have been. The US airlines have a dyed-in-the-wool utilitarian concept of service, cheap as they can possibly get away with. They, and BA, will pull apart a sandwich, and call it a gourmet entrée.That Delta woman looks particularly untrustworthy. That’s generally why Asian airlines will always beat the pants off of them, because they will design luxury from the ground up. This is CNBC, so they’re not going to insult advertisers.
Viasat are the old school innovators. It's good to see it they have a strong purpose still today
This rush back to flying for the general public has resulted in airlines over spending. I believe in about 2 to 3 years. This hype will die down, and the industry will be left with airlines that have too many airplanes too many staff and not enough employees, which will result in massive layoffs.
Most of time, I don’t bother with airport lounge, they mostly full, don’t see food display like in the video. Airport like LAX, lounge is shared by multiple airlines is worse. You can hardly find a seat and the food stand is like a homeless food charity, bunch of people holding empty plates waiting for refill and cup of noodle is what you get instead of real food.
I wish the airlines would double the cost of seats and cut the number of seats in half. I'd gladly pay.
The Emirates Dubai lounge cost me roughly $130 for unlimited DRINKING, buffet food and use of the shower spa.
Emirates puts everything from American air carriers to absolute shame.
ANA is a close second but I’m not crazy about Japanese food.
Singapore Airlines is cool too, but I don’t like their food either.
Can they design something which prevents the a-hole who takes up all the arm space?
"It really doesn't matter what we serve?" This is the problem with domestic monopolies!
I think it was the right step to restrict access for basic economy seats. If everyone get access the quality food, drinks, cleanliness, wait time and experience in the lounge goes out the window and the airline needs to please its higher paying and frequent flyer customers in the lounge areas.
I remember when they used to hand out those little bags of peanuts. On my last flight I only was handed a single peanut
Who's handing out peanuts at this point? I haven't seen a bag of peanuts in years due to so many people being allergic. Almonds seem to be the new nut for airlines.
Peanuts are fatal to those allergic to them. They don't give them out anywhere anymore
After having been in a few lounges, lounge access means next to nothing for me. I'd rather spend as little time in the airport as possible, since that's all just time spent waiting around doing nothing regardless. The lounge gets pretty boring after a while too, and there's only so much food you can eat.
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Especially for a disabled passenger..flying out of Newark and boarding..deboarding in general can be a royal pain ..perks..what perks????
AA makes 15000 meals a day😅, where are the meals going because they certainly don't serve any domestically
Used to have Sas eurobonus premium mastercard.
I wnet back to a regular when they hiked prices from 250$ to 300$ & now Its almost 400$ & It has been heavily watered down to a bad product only worth 200$.
Now I left the entire creditcard part of Sas as Its so diluted that Its not worth having the card anymore.
But In denmark we dont have competition on the credit card front.
All we get Is Sas premium mastercard & norwegian visa.
We only get a few cards with cashbacks. But not the system of envy that the US has. No rewards programmes that Is actually inducing a reason to be loyal.
But hey at least i can always count on my priority pass card.
As far as I remember most of your videos was captured earlier, but would be great to follow you on live trading and get an experience with you on live...Thank you!
This is all for rich people, or corporate travel. Normal folk search tickets for cheapest.
Being on an American air carrier in Economy class is like being in the hottest corner of Hell.
Reupload?
24:30. Man, what did that sprite do???
“We don’t look at them as a profit center”, BS. There is a reason you have spending thresholds to unlock benefits.
Great video!
Been flying since the 80s. Over two million miles. Back then there were two classes (coach and first). I could only fly coach. A non-stop flight from memphis to orlando (in coach) and we got a full meal, on normal dinnerware, metal cutlery and a choice of entree. Now, first class has a seat that was a coach seat back then and we are thrown a "gourmet" back of nuts and get a cup of soda or water. Economy (previously coach) is crammed into torture seats and gets nothing.
Everything and everyone from the online process, to check-in, to flight attendants, makes it seem like you are bothering them by flying their airline.
Sooner or later they’ll have those standing seats and call them premium. Regular class might as well stand up for the entire flight
They need to crank up the requirements for using the lounges and the loyalty cards. You should need an 800 to even touch an Amex Plat card. The way it stands now, billy bob the contractor even qualifies. You go listen to the people complaining about the lounges being full and 90% of them have no business being in them to begin with.
Air travel is becoming such an increasingly terrible experience if you can't afford to drop that extra cash on upgrades. It's not like basic economy seats don't also cost an arm and a leg.
I'm almost six feet tall, so flying in any economy seat is very uncomfortable, no matter how much I get up and stretch my legs. I'm in agony for a day or two after a long flight. Premium economy is often triple the price of economy so I can't afford it. I couldn't care less about meals, WiFi or in-flight entertainment. Give passengers more legroom in economy!
They made their rewards programs too accessible. There are too many people. Keep the population below 500M.
If there was one super power i could give everyone it would be teleportation.
Nice credit card infomercial. 💳 I've been in a few lounges when I've been bumped and rebooked. They were ok. but nothing worth high fees and jumping through terms and conditions hoops to experience regularly.
What experienced air traveler doesn't know that yes you can show up to the airport 60 minutes prior to take off with bags to check and still make your flight? This 2-3 hours early crap is a ploy to get you to fill the waiting time with airport shopping.
There's no lounge quite like an extra hour in your hotel room, or leaving your bags at the desk between check-out and going to the airport. You'll get much more bang for your buck, taking a stroll and picking a restaurant to lounge in downtown.
This exactly. I don't understand why people are so eager to spend more time at the airport, nor to pay their high prices. An airport meal is literally double that of the same meal outside the airport.
Airlines want you spending as much time in the terminal so you'll shop and spend money. I'm not falling for the trap.
@RedShipsofSpainAgain aerospace is inherently expensive, and lots of airlines go under. Hence, they have to resort to gimmicks aside from airfare to be profitable.
Many countries subsidize their national airlines, seeing them as a public utility sparing the already weary traveler from having to be pitched credit card offers in flight with insane fees and APRs for "aircrypto." That’s my term for points and miles which all have dictatated non market based values assigned and arbitrarily changed to prevent redemption by most travelers paying their own way.
Just buy the cheapest ticket, and your savings compared to airline loyalty will equal the cost of a flight in short order. There's no free lunch in the lounge. You'll be paying interest on that club sandwich for ten years if you're not constantly on "points and payment patrol" 24/7. Cash is King.
You guys clearly probably don't travel enough or have not been to good lounges. For me, I leave my home early so I can get ahead of the crazy morning commute traffic, so I arrive a bit early to the airport. Getting ahead of commute is my main motivation but then the lounge allows me a space to wait.. And some airline lounges are worth spending time in. United's Polaris are great and Delta's new lounges are also very good, especially Tokyo.
Star Trek teleportation can't get here soon enough. All the time we waste traveling and waiting to travel...eliminated. You simply appear at your destination.
Yeah that's not happening anytime soon
its only hard to get into lounge when you try to get in during family leisure travel times
flame-ability is wild
Dense and informative!
When the topic of airplane ✈️ Wi-Fi came up, for some reason my first thought was I bet private jets 🛩️ don’t have this same issue even though “the problem is complex” (which it is btw). So what makes a 🛩️ special in the Wi-Fi paradigm other than its size?
Interesting how United, Delta and JetBlue show modernity in their seat products and yet the largest airline in the world, American Airlines was a no show in that segment.
Economy seats are meant for people who are 5'10 and 180Lbs and haven't changed much in size as the avg person is bigger? Well no wonder there is a "trend" towards upgrading for more room.
maybe people shouldn’t get fatter
U can eat? , then pay up.
maybe people shouldn't grow taller@@jyk000
And with all these new lovely less dense seats added (many which can't be used for flotation) the airlines to pack these seats in, SHRINK the lavatories at least on US carriers.
It's way cheaper to just pay for a day pass to the lounge instead of an annual fee to a credit card if you're a 3 times a year leisure traveler.
Lmao lounges aren’t the only thing you’ll get. If you know how to play the game, all annual fees get wiped away in terms of perks
@@seanzheng9577 Sure, if you spend 10's of thousands a year.
They stopped sell day pass a long time ago because of crowding. Also, if you think of it $50-$75 is a lot of money for a pass. That will easily get you 2 or 3 meals at the airport restaurants...or more if you go with fast food.
I have a loyalty to United because I have a friend who works for them and I can get their flight benefits. I can travel as a non rev passenger for really cheap and also I can buy a confirmed ticket as well for really cheap too. Tbh, because of that, even though I’m loyal to United, I really don’t need one of those credit cards because I save money and a lot of it to add to that, and I get to fly in business class on an international flight if I use my non rev benefits. Any miles I earn now, just go towards savings towards another free flight and also possibly a free upgrade if I want to use my miles for it
it is an us only issue, any stupid credit card gives u access, but not a gold status when domestic.
Think again... not even on international flights. Delta pulled lounge benefit for everyone except the very top status and not lowly gold.
Meanwhile on the train
Business class? Here’s the lounge. Four well dressed folks in it, keeping to themselves with a cup of coffee and the news or some work, headphones as necessary. A coffee and snack spread all day. Attendants standing by to usher you to the the platform when boarding. No charge. Meals on the train with the ticket.
The airlines? Transcontinental first class, lounges want nothing to do with me. Well I guess I have to fork over $22 for a burger, and sit at a school desk then.
"Making airline food is difficult. If you think about how hard it is to cook for ten people, imagine cooking for 200 people or 300 people at once..."
Cruise ships cook for thousands, and the food usually tastes great!
Airplanes also don't really have space for cooking equipment or even reheating equipment. Cruise lines have multiple full commercial kitchens on them
Right. I was pointing out that sheer number of people isn't really a difficulty in cooking. The argument didn't hold much logic for me. @@HH-le1vi
@@amfrance yeah but it's a completely different environment. All cruise ship food is made on the ship. Airplanes you can't cook anything on. It's all made at the airport then carted over to the plane and stored until meal time.
I think you missed my point. @@HH-le1vi
I miss flying on Eastern airlines and having an actual meal as part of my flight. The 1980s where much better for traveling by plane. Now you get a bag of Peanuts and a cup of drink as part of your ticket, maybe.
People treating their airplane seat and lounge like it's gonna be their home for the next 8 years, rather than the home it's actually gonna be, for the next 8 hours, at most.
If you are a frequent flyer, the airport and airplane are like your home.
Why do you need to have wifi onboard? Airplanes are the last place where you don't have to be connected. It's liberating.
That fresh feeling of liberation usually fades after the 3rd or 4th hour of a transatlantic flight..
@@AdrianLee Bring a book. Download some educational stuff about the place you are going to. You do not have to be contacted 24/7. Will somebody parish if you are not connected?
Embrace the solitude :)
Peace
For general leisure travel, sure download some videos or use the IFE. Even basic messaging tier WiFi can be very useful for communicating with whoever is picking you up or planning a meetup before you land.
On some delayed flights I've used the onboard WiFi to figure out my contingency plan for missing connections.
Business travellers also may have messages they really shouldn't miss, especially on flights longer than a couple hours.
If you find it liberating to not have WiFi on flights, that's great for you and there's no reason to connect. Personally I find a stress reduction from being able to plan my transit from the airport to my destination while still in the air.
@@SupernovaeTech I hear you Sir, but if you are such an important business traveler you should not go travelling :)
I travel for business and not being connected is just wonderful. And if it something urgent I have people to take care of it :)
I too find it liberating as you said :)
It’s the other way around. It’s liberating to have the freedom of choice.
I’ll stick with my capital one!
Delta are trolling everyone. Their first class seats are surprisingly basic. I’m actually surprised they were bold enough to talk about them. Even Etihad’s premium economy are better!
I use Capital One Venture to accumulate rewards points.
I ONLY fly business class internationally.
I only fly First class domestically.
(American air carriers are trash 🚮)
I always use the lounge if there’s a layover.
Anybody with real money owns their own plane they don't hardly fly in commercial carriers. It's time these companies start to treat us all like humans and not like cattle and make the entire plane first class experience. Nobody wants to sit in-between 2 people that are over 200 lbs, listening to one snore while the other has bad hygiene, while both taking the armrests leaving you with none.
I've already seen this it seems
Pre Covid I made a decision not to fly.
Not phobic, just don't like being constantly messed with.
This says bad things about who we are as a people in America.
And I wasn't uncomfortable using Greyhound on occasion, they were just more upfront about it.
Lmfao enjoy seeing the world in a greyhound. Some of us have greater ambitions to see the world and value our time
People love to feel important
If i do not have wait at the airport so long these lounges would not be needed
United and American Airlines, both are Terrible in Maintenance and service.
We bought direct flight tickets; they all bumped us to stop over flights Turning 4 hour flights to a 24 Hour flights.
Both are terrible.
I thought this was about airline perks being disappointing. This was a bait and switch video.
We need single seats for a long flight
This is old! Ive seen this!
The moroccan map showed in this video seems to be incorrect
Ticket Purchases anything above 50,000$ afterwards do attract Benefits.
Its not just airlines. Its everywhere. Capitalism's saturation leads to poor quality in everything.
10:15 so you just learned how a business works honey XD
WiFi on an airplane only feeds into the spoiled nature of humans. It's not hard to go a few hours or even 10 hours without the Internet.
This guy clearly doesn't have to pay for his own airfare. Certainly not in the past 6 months!
You mean American airlines? Try traveling on Qatar, Singapore airlines etc.
It's not worth paying for it. Just go to a restaurant
i thought helicopters and airplanes were equal
really love you video and you . Your trading strategy helped me to overcome many losses