I'm amazed that PE is working so well. I always feel like it's really expensive relative to Y and C, but clearly there is demand for it
It's a perfect balance for someone "balebatish", who's not interested in paying 4k+ for business. It's also very good for Rabbonim etc.
A perfect example:
One of my clients flew a few weeks ago on the same flight as Harav Malkiel Kotler and his wife in PE. He noted to me that if it was the old planes, he definitely would've been sitting in business, as it's not very befitting for such a person to sit in Y. But with PE, it's great. It's anyway not likely that he would stretch out on a bed in business class in "public"....
In this particular case, El Al probably lost from the premium
But there are many elites who used to be happy with 21a etc, and now are addicted to PE.
In any case, I think NYC - TLV is one of the best routes for PE (not sure why Delta is so stupid), as there's not so much corporate travelers (who pay revenue J), but a lot of people with luxury standards. UA PE is practically always sold out.