Fri, 18 Oct 2024 11:38:57 +0000

Airlines Are Just Banks Now in the current travel environment, airlines are becoming more and more like banks, putting profits through complex financial models ahead of conventional passenger services. Flying has become a transactional experience, with ticket purchases being overshadowed by money from luggage fees, seat choices, and loyalty programs. Airlines profit from upselling and auxiliary services, while loyalty programs function similarly to banking systems by providing points and tiers that keep customers interested. Due to this change, the airline sector is now a complicated financial ecosystem where the bottom line frequently takes precedence over the traveler experience. The core of flying alters as passengers negotiate these shifts, posing concerns about air travel's future and passenger pleasure.