Loyalty, pricier tickets will drive revenue
A Boeing 737 passenger aircraft of American Airlines arrives from Austin at JFK International Airport in New York as the Manhattan skyline looms in the background on February 7, 2024.Charly Triballeau | Afp | Getty ImagesAmerican Airlines said Monday that 80% of its revenue this year will come from loyalty program members and passengers who buy more expensive tickets, up from a 70% share in 2017.American and other carriers have poured billions of dollars into new cabins, lounges and onboard upgrades to cater to…