MODERN AUTO LEGEND, FERRARI CEO SERGIO MARCHIONNE, HAS DIED AT 66

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MODERN AUTO LEGEND, FERRARI CEO SERGIO MARCHIONNE, HAS DIED AT 66

FCA CEO Sergio Marchionne addresses the media during a celebration of the production launch of the all-new 2017 Chrysler Pacifica minivan at the FCA Windsor Assembly plant in Windsor, Ontario, May 6, 2016. REUTERS/Rebecca Cook

Sergio MarchionneFormer FCA and Ferrari CEO Sergio Marchionne. Thomson Reuters

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8 REASONS WHY FIRST-CLASS AIRFARE IS SO EXPENSIVE

8 reasons why first-class airfare is so expensive varies between several different criteria, markets, and targeted customers.

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  • First-class plane tickets can cost as much as 70% more than economy airfare, and even more for international flights.
  • Such a high price tag makes flying first class an unattainable dream for many travelers.
  • It’s so expensive, in part, because it enables airlines to offer other tickets at a discount; it comes with coveted perks and pampering; and customers are willing to pay for it.