American is among the last of the largest U.S. carriers to announce an upgrade to its in-flight Wi-Fi. The deal is also a major get for Starlink, which accounts for the vast majority of SpaceX’s profits.
Amid wide speculation that United may want to do a mega-merger with American, Delta says it sees more consolidation happening among struggling carriers.
Delta is investing more than $1 billion in refreshing its business class cabins as airlines race to upgrade their premium seats to cater to high demand.
Travel companies betting on the premium boom may tend to view post-Covid wealth creation as an immutable fact. But a protracted economic shock would test the durability of the trend and their strategies.