Thick question as I know the answer myself but some mortals reading these points aren't Masters of Economics.
Yeald = $/£/€ per passenger right ?
So for instance on a typical Transatlantic flight with say 40/F 80/C 200/ steerage
The revenue from the F and C passengers would more than out weigh that generated by prolls in the back !
So in fact you can potentially generate more cash by actually selling 1 F to as many as 10 steerage or say 3-4 Club to one stearage !
response to use B772 with fewer Steerage seats and slightly increase Club and have same number of First as B744 .
Suffice to say fewer passengers paying higher fare premiums mean lighter weight which can then be added to the very lucrative cargo uplift. Use a
more fuel efficent aircraft= higher cash income = Potentially greater return/Profit right !
With careful pricing its actually profitable to fly with the steerage and first cabins half empty so long as premium/club and cargo holds are full !
reported declines in passenger numbers is actually the airlines policy.
This similarrly applies in Europe with the swicth to A319/320 over B752 with the capacity cuts being at the back of the aircraft again.tThe cargo issue doesn't hold true here however so the economies must be tighter also BA
don't offer a true First within Europe.