Arkia CEO Says $1,200 New York Fare Is Near Break-Even

Arkia CEO Oz Berlowitz said in a podcast interview that a hypothetical $1,200 New York fare leaves the airline ‘around break-even’ under the conditions discussed. He described 85% as the usual occupancy and said long-haul revenue also depends on higher-priced business-class seats and cargo. He put cargo’s revenue contribution at 5% or less. Unnamed industry figures disputed his account, describing New York routes as highly profitable and pointing to dynamic pricing. They said economy fares can rise from about $1,100 to $2,500 as aircraft fill.