Continues unabated: “Etihad’s New Three-Room Suite, for When First Class Just Doesn’t Cut It” in BusinessWeek.
The space, which costs about $43,000 for some flights, is priced to include two travelers and comes with a butler, chef, and shower.
For the background on Imperial Class, here’s the original press release, and here’s an update.
I’m not criticizing Etihad, by the way. If they feel there’s a market for this service and they can make a dirham or two, more power to them. That’s what business is all about.
It’s sometimes said that services like this indicate a bifurcation — the superrich and everybody else. That’s sort of what I was driving at in the original news release. But that’s not quite right. This service is a consolation prize for those who are rolling in dough but can’t afford a Gulfstream. The real superrich will fly their own G650s or similar, leaving a service like Etihad’s for the merely very wealthy. It’s the distinction between the 1% and the .01%, a distinction that is, I’m sure, important to those concerned.
Chet is not kidding, The evidence for this abounds, and accumulates daily.
https://ca.finance.yahoo.com/blogs/daily-ticker/a-new-way-for-billionaires-to-influence-politics-164906611.html
http://dealbook.nytimes.com/2014/05/18/att-to-buy-directv-for-48-5-billion/?_php=true&_type=blogs&_php=true&_type=blogs&partner=yahoofinance&_r=1&
http://www.lewrockwell.com/2014/05/robert-wenzel/the-fastest-growing-classes-of-millionaires-in-america/