Originally Posted by
sebastiansw3
To add to CX828's post - take a look at Turkish Airlines - they had what widely considered the industry leading PEY product and by the far the most comfortable - and they have now removed it. Why? Because it cannibalised their J. Take a look at LH which just introduced PEY - they have specifically not even made it a separate cabin because they were concerned that J passengers would downgrade.
Your statement that "rich" people don't care about the cost of J/F tickets is ludicrous. I have flown Y precisely three times in my entire life but you can bet your bottom dollar that if PEY was good enough I'd switch from J in a heartbeat particularly on a daytime medium haul flight if the saving was reasonable.
TK is removing it as the product is not refined.
IB, SQ, LH and even Aeroflot are adding it because they realise the importance of up sale and to provide choice to large number of middle class that travel frequently but can not afford business every single trip.
TK's failure is that TK has a very complicated fleet and sales strategy and its PEY has not refined to suit the market.
Interestingly if you look at IAG's presentation on IB's PEY product, it adds more seats and reduce the aircraft weight by almost 750KGs.