An Airline Makes 50% of Its Revenue From 20% or Less of Its Seats. AND THAT'S REALLY SAYIN' SOMETHING.
You ever walk through the first-class section of an airplane and think, “Who are these fucks?”
I’ll tell you who they are: The people that make up to 50% of an airline’s revenue.
Fifty percent! Which is striking since, you know, there are, like, five seats up there, compared to the bajillion the rest of us low-lifes sit in. But isn’t that telling? An airline makes 50% of its revenue from 20% or less of its seats—which is precisely why they’re looking toward expanding their first-class cabins and giving them a real luxury hotel meets co-working space kind of feel.
Because wouldn’t you? If 50% of your business came from one particular place, it only makes sense to focus on growing that.
Don’t get distracted by the clamor.
ChatGPT gave you the summary.
I give you the rest. Live experiments in remote work, publishing, and AI, from someone who’s been doing this for 17 years. (Still not a newsletter about fish.)
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From the Penguin Random House author seen in The New York Times, The New Yorker, The Guardian and The BBC