Business class airline
From Wikipedia, the free encyclopedia
A business class airline was an airline concept during the mid-2000s involving a number of airlines that operated all-business class services.[1] The most prominent such airlines have been Eos Airlines, MAXjet Airways, and Silverjet.[1]. Early on, the idea was considered lucrative, however it was proven to be completely unsustainable when oil prices surpass $100 a barrel. In 2008, once the oil price passed $100 a barrel, all of the airlines ceased operations throughout the year, with the last one ending on May 30, 2008.[2]
Virgin Atlantic and British Airways both proposed founding rival all-business class subsidiaries until the oil crisis put an end to the entire concept.[1]