Latest news with #EVA Air
Skift
11-08-2025
- Business
- Skift
How Premium Economy Became the Most Profitable Part of the Plane
Korean Air's decision to add premium economy was sluggish, but the math is irresistible. For many airlines, this mid-tier cabin is where passenger comfort meets cash flow. For decades, the airplane was split into two tribes: those who could afford the luxury of business or first class, and everyone else. But there is another way. Last week, Korean Air confirmed that it will be the latest big-name brand to join the premium economy club. What started in the early 1990s as a quirky differentiator at Taiwan's EVA Air has gone hyper-mainstream. Why? A premium economy seat can command between 1.5 and three times the yield of standard economy, but often takes up marginally more real estate and service cost. The result is a mid-tier cabin that's quietly become a rockstar profit center at many airlines. For its part, Korean Air will roll out the new cabin from September as part of a $215 million overhaul of its Boeing 777s. Offering an insight into its pricing strategy, the Seoul-based carrier told Skift that tickets for its 'Premium Class' will be around 110% of regular economy fares. Passengers can look forward to perks such as Armani tableware, ergonomic headrests, and fine wines. Small Tweaks; Big Business But look beyond the fluffy comforts, and you'll find a tangible business impact. In an earnings call last month, Andrew Nocella, United A
Yahoo
21-07-2025
- Business
- Yahoo
EVA Air Launches New Co-Branded UATP Pre-Paid Payment Program
Expanding the Boundaries of Global Business Travel LOS ANGELES, July 21, 2025 /PRNewswire/ -- EVA Air is taking corporate travel to new heights with the launch of its new co-branded prepaid UATP card, issued in partnership with UATP, the global network simplifying payment. Designed exclusively for corporate clients, this innovative payment program empowers businesses to streamline travel payments, unlock tiered rewards, and take advantage of greater flexibility and transparency. "EVA Air is investing in corporate and business programs that support our partners on the move," said EVA Air's President, Clay Sun. "The launch of the co-branded EVA Air UATP ensures they have access to the resources, experiences, and connectivity needed to drive results across borders." Tiered Benefits That Scale with DepositUnlike traditional corporate credit cards, EVA Air's UATP prepaid solution allows businesses to preload funds. Once funds are added to the UATP card, corporate travelers and accounts can begin accessing benefits offered to their account type, with some exclusive benefits available for first-time fund additions. Based on the deposit tier, companies will unlock escalating benefits, including complimentary reward tickets in Economy, Premium Economy, or Royal Laurel Class. Flexible Payments, Streamlined Travel ManagementBuilt on the UATP network, which was designed specifically for air travel, this prepaid solution offers flexibility to book with any airline that is a UATP merchant. For more information, you can view the full list of UATP merchant airlines here: A Comprehensive Network of Corporate Travel AdvantagesCorporate travelers unlock exclusive incentives and reward points with each EVA Air booking, advancing through the program's tiers and maximizing the value of their travel budgets. The co-branded EVA Air UATP card is more than a payment method, it's a robust business travel solution that combines rewards with operational efficiency. With integrated expense reports and streamlined travel management, it gives corporate companies greater visibility and control over their corporate travel spend. This launch reflects EVA Air's unwavering commitment to enhancing corporate travel with greater efficiency and rewards. In April, EVA Air introduced EVA BizFam, a global corporate travel program designed as a one-stop platform for managing business trips, accessing lifestyle perks, and earning points through each travel that can be redeemed for exclusive rewards. Enrollment in the EVA BizFam program is required before joining UATP. By combining both, travelers not only streamline expense and travel management, but also unlock additional rewards. The EVA UATP card enables travelers to earn extra points from prepaid card spending. These points can be redeemed for exclusive travel benefits, such as award tickets, upgrades, extra baggage, and lounge access, making every business trip more rewarding. Companies can now apply for the EVA Air UATP-branded card through the official website: About EVA Air: A Star Alliance member, EVA Air was founded in 1989 as Taiwan's first privately owned international airline. It is an affiliated company to global container-shipping leader Evergreen Line. It flies a fleet of more than 80 Boeing and Airbus aircraft to around 60 international destinations throughout Asia, Oceania, Europe, and North America. Travelers can learn more about EVA and schedules, book, and buy tickets at View original content to download multimedia: SOURCE EVA Airways Corporation Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
