Go Back  FlyerTalk Forums > Travel&Dining > TravelBuzz
Reload this Page >

Is Premium Economy an awkward middle ground?

Community
Wiki Posts
Search

Is Premium Economy an awkward middle ground?

Thread Tools
 
Search this Thread
 
Old Mar 4, 2019, 7:02 pm
  #16  
 
Join Date: Feb 2014
Location: Frensham, Lincolnshire
Programs: RFC
Posts: 5,093
Originally Posted by Often1
Analogies never work. But, FT loves them.

This one not only does not work, but the comparison is a really immature approach. Just as OP says.
It's not immature. What the OP is really telling us is that they see the purchase of a seat as an image statement for others to see. On that, s/he is simply in a minority.
JamesBigglesworth is offline  
Old Mar 5, 2019, 3:13 am
  #17  
 
Join Date: Jan 2017
Location: LAN
Programs: DL Skymiles, AF/KL Flying Blue
Posts: 304
Originally Posted by eigenvector
Here's the problem I have with premium economy. I recently booked two trips to Europe, from Vancouver to London and Paris respectively. In each case, the fare options were something like this:

Economy: $700
Premium Economy: $2500
Business $3500

Who in their right mind would an upcharge of $1800 per passenger for a bit more legroom, but not upgrade all the way to business?

I think premium economy is a sensible product, but the pricing is out of whack here.
Agreed. This is my biggest complaint about Premium Economy. For the limited benefit there is over standard economy, it's nearly impossible for the average person to justify the significantly larger expense. I suspect it's mostly business travelers whose companies have a no-J-but-Premium-Economy-is-OK policy.
strickerj likes this.
eastindywalrus is offline  
Old Mar 5, 2019, 4:16 am
  #18  
FlyerTalk Evangelist
 
Join Date: May 2012
Location: Sydney Australia
Programs: No programs & No Points!!!
Posts: 14,222
Originally Posted by eigenvector
Here's the problem I have with premium economy. I recently booked two trips to Europe, from Vancouver to London and Paris respectively. In each case, the fare options were something like this:

Economy: $700
Premium Economy: $2500
Business $3500

Who in their right mind would an upcharge of $1800 per passenger for a bit more legroom, but not upgrade all the way to business?

I think premium economy is a sensible product, but the pricing is out of whack here.

I agree with you. I think PE is too expensive for what it is. You don't even get half the value or comfort of business class.

If the prices were $700,$1500 and $3500 then maybe I'd think PE was actually worth it.
strickerj likes this.
Annalisa12 is offline  
Old Mar 5, 2019, 6:24 am
  #19  
 
Join Date: Jan 2018
Location: BGI | MIA
Programs: AA Platinum Pro | Hyatt Globalist | HH Diamond | SPG Gold
Posts: 316
As a semi-recent college graduate that can’t afford to fly J every time but hates economy seating and being squished. I’ve found PEY to be quite worth it. I will still fly J when spending 20+ hours on a plane.

I’ve flown it a couple times already and price were usually 40%-60% higher then Main Cabin.

Flying PEY to Europe in 8 days. Paid $945 when the cheapest J fare was $2100.
Shadowfactor is offline  
Old Mar 5, 2019, 6:40 am
  #20  
Formerly known as newbie elite
 
Join Date: Feb 2002
Location: YUL
Programs: IHG Diamond Ambassador, Accor Platinum, AC50K
Posts: 2,927
I was going to use the Golf R as the reverse of the Mercedes C-class analogy for PE but then realised PE would have to cost a lot less for that to be true!
strickerj likes this.
Admiral Ackbar is offline  
Old Mar 5, 2019, 8:01 am
  #21  
FlyerTalk Evangelist
 
Join Date: Jan 2009
Location: London & Sonoma CA
Programs: UA 1K, MM *G for life, BAEC Gold
Posts: 10,225
I see sitting in PE as broadly similar to sitting in "First Class" in the USA. Some may well look smug watching people trooping to the back of the plane (and some people trooping to the back of the plane may wonder why people spend the money on the bigger seat), but most simply enjoy the greater space. For several older people I know, for the last few years PE is the difference between a trip or no trip - economy is too uncomfortable and Business is too expensive.
StartinSanDiego likes this.
lhrsfo is offline  
Old Mar 5, 2019, 8:25 am
  #22  
 
Join Date: Jun 2012
Programs: TK*G
Posts: 267
Originally Posted by eigenvector
Here's the problem I have with premium economy. I recently booked two trips to Europe, from Vancouver to London and Paris respectively. In each case, the fare options were something like this:

Economy: $700
Premium Economy: $2500
Business $3500

Who in their right mind would an upcharge of $1800 per passenger for a bit more legroom, but not upgrade all the way to business?

I think premium economy is a sensible product, but the pricing is out of whack here.
I mostly fly TPAC, and usually find pricing to be Y: ~$1000 PEY: ~$1500-2000 J: ~$5000+ at about a month out which seems more in line with how it should be priced IMO. Once prices start approaching J, the value isn't there anymore.
State of Trance is offline  
Old Mar 5, 2019, 9:00 am
  #23  
 
Join Date: Sep 2009
Location: DUB / DOH
Posts: 693
The only thing that is "gauche" are people who purchase products solely based on the image they will convey, perceived or otherwise. I gather from your post that it is you who are not "secure in your socioeconomic status" as you so eloquently put it.

I book plane tickets in a variety of different classes, depending on my situation at a given time or the reason for my trip. If I would like a little bit of extra comfort, I will book PE or business, I don't book based on the the status a given class gives me.
jah718 is offline  
Old Mar 5, 2019, 9:01 am
  #24  
A FlyerTalk Posting Legend
 
Join Date: Jul 2002
Location: MCI
Programs: AA Gold 1MM, AS MVP, UA Silver, WN A-List, Marriott LT Titanium, HH Diamond
Posts: 52,575
PE is still a relatively new product on many airlines and in many markets. It's possible that the pricing simply hasn't found its footing yet. Airlines are hoping that corporate travel policies that have increasingly taken J off the table for most flights will include PE. So they're hoping to keep yields high and still capture those clients.

I look at it this way for most of the international routes I fly:
- Rock-bottom coach fares are still in the range of their historical lows if you know where to look for them. There are new-ish options that weren't there before - better Iceland options, Norwegian, TAP, and a couple others on the "budget" end of things. Even if you don't want to fly these carriers, their presence keeps the legacies reasonable and has even caused legacies to offer one-way tickets in some cases.
- J fares are actually more attainable for individual buyers than they were in the past. The 90's model of pricing all J at $10k and cutting the corp buyers a 50% "discount" has weakened. Now you see $2500-4000 R/T's on some TATL and TPAC routes with just enough modest restrictions to keep the business travelers in higher fares. The quality of the J seat has improved as well.

So since both of those are *good* things (for the buyer), I don't have any problem with airlines trying to slot in a PE product and see what sticks. I'm not a buyer at 2x the Y fare, but if it eventually settles at 1.5x the Y fare, I might become more interested. The business traveler demand will ultimately define where it lands for each route.
strickerj likes this.
pinniped is offline  
Old Mar 5, 2019, 9:31 am
  #25  
FlyerTalk Evangelist
 
Join Date: Feb 2010
Posts: 13,573
I think the places the PEY really stands out is on planes without business or first, on short-medium haul, such as on some of the Westjet routes. The cost difference is pretty modest, and so I will buy a PEY seat for a sun destination, to get the extra bag, priority boarding, more space, food and drink. I have never once bought it because of what others might think of me. Who even does that, other than clearly the OP. Incidentally, the cost to go from Main cabin economy to First on Delta for an upcoming flight was far less than from economy to premium economy on a not-dissimilar length flight by another airline, so I am not sure how you could call PEY 'gauche' when First is cheaper?
emma69 is offline  
Old Mar 5, 2019, 9:35 am
  #26  
FlyerTalk Evangelist
 
Join Date: Jul 1999
Location: ORD/MDW
Programs: BA/AA/AS/B6/WN/ UA/HH/MR and more like 'em but most felicitously & importantly MUCCI
Posts: 19,719
PE simply performs the market function Business Class used to occupy 35+ years ago, e.g. a betwixt product for customers who (back then) couldn't expense F, or justify the personal spend, but wanted more than Y. Today's J is more spacious and opulent than F back then ever was, and Y is somewhat worse, so the betwixt opportunity is bigger and clearer than ever. Status or show-off impulses have little or nothing to do with it.
lhrsfo and ysolde like this.
BearX220 is offline  
Old Mar 6, 2019, 9:08 am
  #27  
 
Join Date: May 2005
Location: Cincinnati, OH
Programs: Delta, Starwood, Hilton
Posts: 455
Some of us older folks can be in real pain in an economy seat going overseas at night. And I don’t think $1000 extra is that doable for everyone. I fly as comfortably as I can afford. And I think someone who does not understand that might be just a trifle out of touch with ordinary people.
ysolde and strickerj like this.
gungadin is offline  
Old Mar 6, 2019, 2:54 pm
  #28  
formerly known as Tad's Broiled Steaks
Shangri-La Contributor Badge
 
Join Date: Jun 2004
Posts: 6,412
I’m willing to say I miss TK’s premium economy.
BuildingMyBento is offline  
Old Mar 8, 2019, 10:43 pm
  #29  
 
Join Date: Feb 2013
Location: Hilton, Hyatt House, Del Taco
Posts: 5,378
PE = POOR VALUE (based on price per square meter)

Originally Posted by Annalisa12
I agree with you. I think PE is too expensive for what it is. You don't even get half the value or comfort of business class.

If the prices were $700,$1500 and $3500 then maybe I'd think PE was actually worth it.
For TPAC flights, in general the Y:PE:J ratios would be 1 : 2 : 6 for price, 1 : 1.5 : 6 for the seat footprint.
At least that's been my observation.

Based on this, PE offers the worst value. Airlines are ripping people off with PE revenues, and airlines know it.
Considering that J pax get very enhanced catering and amenities, lounge access, more miles, etc, one could argue that biz class is good value for the money. For award travel, J is an exceptional value.

However, there are so many people (like me sometimes) who can't tolerate the Y torture but could never afford to pay for J. Hence the demand for PE, and airlines take advantage of that demand.
Spiff, eigenvector and strickerj like this.
evergrn is offline  
Old Mar 9, 2019, 9:55 am
  #30  
 
Join Date: Jun 2015
Location: DTW
Programs: Alaska, Delta, Southwest
Posts: 1,663
Originally Posted by evergrn
For TPAC flights, in general the Y:PE:J ratios would be 1 : 2 : 6 for price, 1 : 1.5 : 6 for the seat footprint.
At least that's been my observation.

Based on this, PE offers the worst value. Airlines are ripping people off with PE revenues, and airlines know it.
Considering that J pax get very enhanced catering and amenities, lounge access, more miles, etc, one could argue that biz class is good value for the money. For award travel, J is an exceptional value.

However, there are so many people (like me sometimes) who can't tolerate the Y torture but could never afford to pay for J. Hence the demand for PE, and airlines take advantage of that demand.
Yeah, I know it's basically what business class was in the days of 3 classes (coach/business/first), but it’s hard to stomach paying twice as much or more for a service that still has “economy” in its name.
strickerj is offline  


Contact Us - Manage Preferences - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

This site is owned, operated, and maintained by MH Sub I, LLC dba Internet Brands. Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Designated trademarks are the property of their respective owners.