Brian Kelly, better known as " ," explained why business-class travel has taken off, and shared two tips for flyers on the "Rapid Response" podcast . Air fares have dropped considerably since the as airlines have bolstered capacity and sorted out their operations, he said. "When you peg to 2019 dollars, fares are cheaper today even with of people traveling," Kelly said, pointing to European flights he's booked this summer that were triple the price in mid-2022.
The expert in noted that carriers have dropped prices for premium cabins since the pandemic, as people continue to forego business trips in favor of working from home and Zoom meetings. have attracted leisure travelers, who are more sensitive to price hikes than people expensing trips on a company credit card. "Once you get consumers used to buying $4,000 round-trip business class pretty easily all summer long, it's a lot harder to all of a sudden move that up to $7,000 where you were, because consumers get locked in and then they'll say, 'well, I'm not going to go,'" Kelly said.
On the other hand, passengers paid up for premium economy or business to avoid being "jammed in like a sardine" during the pandemic, he said, especially as during lockdowns as people stayed off planes. "So consumers started to get a of life in the front of the plane and realized ..
. economy sucks," Kelly said. "Once you start flying first class, it's really hard to go back.
" Beating the system Kelly shared two travel hacks. The first is to sto.