No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Saturday, December 20, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Western airlines have finally given up their race to the bottom

by TheAdviserMagazine
2 months ago
in Business
Reading Time: 5 mins read
A A
Western airlines have finally given up their race to the bottom
Share on FacebookShare on TwitterShare on LInkedIn


Drinks being served on a BOAC flight between Heathrow and Khartoum in 1964 – Mirrorpix/Getty Images

If you are flying into Canada you may be able to get a free glass of wine even when travelling in economy.

British Airways may offer you a complimentary coffee on a morning hop from London to Europe, while American Airlines has started offering champagne and gourmet coffee for premium seats.

We are not yet going back to the 1960s world of glamorous “trolley-dollies” handing out non-stop food and drink on every flight. And yet, the major Western airlines are finally pulling out of their service nose-dive.

The race to the bottom in aviation is finally over – and that will be better for everyone.

It is probably not enough in itself to persuade anyone to spend Christmas in Vancouver or Toronto. But if you are flying Air Canada, you will now be offered a free alcoholic drink even in economy class.

Likewise, British Airways has upgraded its short-haul service and American Airlines has announced that it will offer a second trolley service on domestic flights of more than 1,500 miles, as well as fancy coffee and champagne for its premium economy customers. Virgin Atlantic has also recently announced that Wi-Fi will soon be free for everyone on its flights.

It might be a while before you can cheerfully sip your way through a couple of free glasses of merlot on an easyJet flight from Manchester to Malaga – or munch your way though a complimentary tray of sandwiches and cakes on the Wizz Air flight from Luton to Corfu.

Still, a corner has clearly been turned. The major Western airlines are starting to compete on service again, offering a few complimentary treats to their passengers as they hurtle through the sky.

Sure, that has always been true for business class travellers, and even more so for first-class. But they were charged eye-watering prices for those seats, with almost all the costs put on expenses. They are finally getting back to competing on service again for regular travellers.

That is a significant change in the way the aviation industry operates.

For the last two decades, airlines have had an obsession with price. Led by Ryanair, and some of the American low cost carriers, the only thing that mattered was driving down the cost of the ticket to the lowest possible level.

The free snacks were the first thing to go, followed by extra charges for choosing your seat, for any luggage heavier than a handkerchief and for boarding the plane ahead of everyone else.

The nadir was probably reached with reports of “standing only” tickets, and even charges for using the loo, although in fairness even Ryanair always said that wasn’t actually going to happen.

Story Continues

None of the low-cost airlines ever got around to a fee for breathing on board, but if they could get away with it they would have.

Drinks being sold on a Ryanair flight
Drinks being served on a Ryanair flight from Trieste to Valencia in 2017 – kasto80/iStock Editorial

There are two reasons for the sudden change. To start with, there is a lot more competition from the state-subsidised airlines of the Gulf and Asia.

Well-travelled passengers have become used to far higher standards of service in other parts of the world and have started to demand that airlines in Europe and North America raise their game to match.

Next, and perhaps most importantly, it was always a very odd way of running a business. Other industries don’t operate on the principle that lowest possible price is the only thing that ever matters.

Sure, everyone wants a good value car, but we also want one that comes with air-conditioning, electric windows, and power steering. Toyota and Volkswagen recognise that, and aim to come up with a high-quality vehicle at a reasonable price.

Likewise, we want competitively priced groceries, but we don’t just want to eat the cheapest possible food, and Sainsbury’s and Tesco get that.

In most industries, the sweet spot is somewhere in the middle of the market, where you are selling a decent enough product at an affordable price. That is where the mass market is, and where the big profits can be made.

Aviation was the only exception to that rule.

In reality, “no frills” flying has been taken too far.

Costs have been pared to the bone, seats have become more and more cramped and less and less comfortable and endless extra charges have been added to the price of a ticket in a desperate attempt to squeeze a little more revenue out of each customer.

To compare flying on a low-cost airline during the peak season to a cattle truck would be unfair on the cow transport industry. Flying has been turned into an ordeal to be survived, instead of a pleasant opening to a holiday or a weekend mini-break.

At least a few of the airlines have started to work out that it was a mistake to take that quite so far.

True, there is a section of the market that cares only about price. But there is a far larger middle market that wants to have a pleasant journey.

They will be staying in a four or five star hotel when they arrive and eating out at some decent restaurants. And there is no reason why the flight should not be enjoyable as well.

Profits are booming for all the major airlines. IAG, the owner of BA and Iberia, reported record profits in 2024 and its shares have almost doubled over the last year.

American Airlines this week increased its profits forecast for the year, while Lufthansa reported a 27pc increase in profits in the latest quarter.

Flying is a profitable industry again, serving an affluent market.

The real battle over the next five years in aviation will be to offer better and better service while holding prices steady.

Sure, it might be a while before Ryanair is dishing out free drinks or easyJet is offering more legroom.

Yet, the major airlines have made a start on restoring service to acceptable levels – and in the end that will make flying far better for everyone.

Broaden your horizons with award-winning British journalism. Try The Telegraph free for 1 month with unlimited access to our award-winning website, exclusive app, money-saving offers and more.



Source link

Tags: AirlinesBottomFinallyraceWestern
ShareTweetShare
Previous Post

Links 10/26/2025 | naked capitalism

Next Post

Top Wall Street analysts champion these 3 stocks for solid returns

Related Posts

edit post
Gen Z is open to blue-collar work and companies need them — but both sides are missing each other

Gen Z is open to blue-collar work and companies need them — but both sides are missing each other

by TheAdviserMagazine
December 20, 2025
0

Earlier this year, Ford CEO Jim Farley said that America needed a wake-up call. Five thousand mechanic jobs at Ford...

edit post
Global borrowing in euros rises nearly 20% in 2025 to record high, Dealogic data shows

Global borrowing in euros rises nearly 20% in 2025 to record high, Dealogic data shows

by TheAdviserMagazine
December 20, 2025
0

Global borrowers have issued a record amount of debt ‍in euros in 2025, nearly a fifth more than last year,...

edit post
EU’s Russian asset grab is daylight ‘robbery’, alleges Putin

EU’s Russian asset grab is daylight ‘robbery’, alleges Putin

by TheAdviserMagazine
December 20, 2025
0

The European Union’s attempts to appropriate Russian assets are outright robbery, Russian President Vladimir Putin said during the Direct Line...

edit post
Epstein files: One of the few revelations is a copy of the earliest known red flag from 1996

Epstein files: One of the few revelations is a copy of the earliest known red flag from 1996

by TheAdviserMagazine
December 19, 2025
0

The Justice Department released thousands of files Friday about convicted sex offender Jeffrey Epstein, but the incomplete document dump did not...

edit post
Trump insists during North Carolina visit he’s brought down costs, but residents say they’re feeling squeezed

Trump insists during North Carolina visit he’s brought down costs, but residents say they’re feeling squeezed

by TheAdviserMagazine
December 19, 2025
0

ROCKY MOUNT, N.C.: She had worked 22 days straight in her job as a technician at an engine plant to...

edit post
Epstein files: Congressmen say massive blackout doesn’t comply with law and ‘exploring all options’

Epstein files: Congressmen say massive blackout doesn’t comply with law and ‘exploring all options’

by TheAdviserMagazine
December 19, 2025
0

The Justice Department’s extensive redactions to the Jeffrey Epstein files on Friday don’t comply with the law that Congress passed...

Next Post
edit post
Top Wall Street analysts champion these 3 stocks for solid returns

Top Wall Street analysts champion these 3 stocks for solid returns

edit post
Did Radhakishan Damani dump Trent? Inside the retail king’s mysterious exit from Tata’s hottest stock

Did Radhakishan Damani dump Trent? Inside the retail king’s mysterious exit from Tata’s hottest stock

  • Trending
  • Comments
  • Latest
edit post
How Long is a Last Will and Testament Valid in North Carolina?

How Long is a Last Will and Testament Valid in North Carolina?

December 8, 2025
edit post
How to Make a Valid Will in North Carolina

How to Make a Valid Will in North Carolina

November 20, 2025
edit post
In an Ohio Suburb, Sprawl Is Being Transformed Into Walkable Neighborhoods

In an Ohio Suburb, Sprawl Is Being Transformed Into Walkable Neighborhoods

December 14, 2025
edit post
Democrats Insist On Taxing Tips        

Democrats Insist On Taxing Tips        

December 15, 2025
edit post
Living Trusts in NC Explained: What You Should Know

Living Trusts in NC Explained: What You Should Know

December 16, 2025
edit post
Who Should I Choose as My Powers of Attorney?

Who Should I Choose as My Powers of Attorney?

December 6, 2025
edit post
Gen Z is open to blue-collar work and companies need them — but both sides are missing each other

Gen Z is open to blue-collar work and companies need them — but both sides are missing each other

0
edit post
How Long Does it Take to Get Social Security Disability

How Long Does it Take to Get Social Security Disability

0
edit post
From Analysis Paralysis to Your First Rental: The 90-Day Action Plan

From Analysis Paralysis to Your First Rental: The 90-Day Action Plan

0
edit post
How to Measure and Understand Your Market, Regardless of Location

How to Measure and Understand Your Market, Regardless of Location

0
edit post
Home Prices and Sales Fall. Can Sellers Count on Lower Interest Rates?

Home Prices and Sales Fall. Can Sellers Count on Lower Interest Rates?

0
edit post
Online Class Memberships Under  That Make Perfect Gifts!

Online Class Memberships Under $3 That Make Perfect Gifts!

0
edit post
Gen Z is open to blue-collar work and companies need them — but both sides are missing each other

Gen Z is open to blue-collar work and companies need them — but both sides are missing each other

December 20, 2025
edit post
Global borrowing in euros rises nearly 20% in 2025 to record high, Dealogic data shows

Global borrowing in euros rises nearly 20% in 2025 to record high, Dealogic data shows

December 20, 2025
edit post
People who never post on social media and prefer to stay private usually have these 7 traits

People who never post on social media and prefer to stay private usually have these 7 traits

December 20, 2025
edit post
EU’s Russian asset grab is daylight ‘robbery’, alleges Putin

EU’s Russian asset grab is daylight ‘robbery’, alleges Putin

December 20, 2025
edit post
Hoskinson Warns Trump’s Crypto Push Could Backfire On The Industry

Hoskinson Warns Trump’s Crypto Push Could Backfire On The Industry

December 19, 2025
edit post
Fidelity’s director predicts Bitcoin will enter bear market in 2026, bottoming near K

Fidelity’s director predicts Bitcoin will enter bear market in 2026, bottoming near $65K

December 19, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Gen Z is open to blue-collar work and companies need them — but both sides are missing each other
  • Global borrowing in euros rises nearly 20% in 2025 to record high, Dealogic data shows
  • People who never post on social media and prefer to stay private usually have these 7 traits
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.