Air India is planning a major upgrade to its passenger experience, combining refurbished premium cabins on older aircraft with newer, state-of-the-art planes. The revamp is also set to include exclusive airport lounges aimed at attracting premium travelers. The airline’s strategy is explicitly revenue and profit growth, betting that upgraded comfort will translate into higher margins.
DreamFolks is facing a sharper squeeze as airport and lounge operators build direct relationships with banks, moving away from the intermediary model that handled nearly 90% of lounge business last year. ICICI and Axis were early movers, and more major banks are expected to follow—potentially further shrinking DreamFolks revenue and influence.
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