I flew the Premium Economy class on the Japanese All Nippon Airlines when flew back from New York (JFK) to Singapore, via Tokyo a few weeks ago. This wasn’t the first time that I was flying this Economy+ class, as I often flew Singapore Airlines’ Executive Economy from Singapore to Newark, which has now been replaced by an all-business class flight. But there was a stark difference this time – while Business class was not quite full, Premium Economy was jam-packed! But what could be the reasons for that?
The ANA Premium Economy Class
I think Premium Economy is good value for money. From ANA, you get lounge access prior to your flight, which is great for business people, since they can get some work done and have a nice meal. That also means that you can board whenever you want, rather than 40 mins before take off. The queues at boarding tend to be shorter as well. So at least in this aspect, the experience is much better than Economy Class.

Once you get to the seat, you’ll find yourself in a small, almost private, section with just 3-4 rows of Premium seating, between Business Class and Economy Class. The biggest …

In times of economic uncertainty, business travel decreases as organizations slash travel budgets. The International Air Transport Assn. is already reporting that business and first-class travel have experienced the biggest plunge in five years. Promising all-business class airlines like MaxJet, Eos and Silverjet have gone out of business in just a matter of months. Other airlines are cutting capacity too, as fuel costs rise. So what does this mean for the future of business travel? Is it going extinct, or is it here to stay? Let’s analyze this from two perspectives: business class-only airlines, and full service airlines with specific all-business routes.

All-business class airlines: Verdict – Going Extinct

The all-business model was always considered an experiment and at record high oil prices any new model struggles. Aviation analysts point to the premium-class graveyard where the tombstones are reminders of such short-lived U.S. airlines as Air One, Air Atlanta, McClain, Regent, MGM Grand and Legend. Most of these offered domestic US routes only, which re-affirms the point that there is little domestic market for all-business carriers.