Terrorism Fears Drive Luxury Airline Growth

Interesting post over on Optimal Strategy which claims that there is evidence to suggest an upsurge in luxury airtravel.

“Increased fears over terror acts on commercial airliners has led to a major increase in luxury airtravel. Eos, which flies Boeing 757 jumbo jets that seat just 48 passengers, has reported an increase in reservations by over 30 percent over the next three weeks. The jump has been largely attributed to frustration and fears caused by the recently foiled terrorism plot. The airline currently flies only from London to JFK, but plans on adding fourteen more routes by 2010.”

The big question is whether this is a long term shift and whether this will result in a more luxury centric airlines popping up. I suppose you might also have to ask the question whether you would actually be anymore protected from terrorism by using a luxury carrier. I have my doubts. What do you think?