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Premium financial system: Why this would be the hottest airplane seat in 2021

(CNN) — Premium economy. The two words might seem a weird combination in airline terms, since it’s a rare airline where economy seats feel premium these days. But these seats between coach and business class on international flights were heating up even before Covid-19, and as we all start to travel again in 2021, they’re set to be a must-fly for many passengers.

Why? It’s a combination of factors.

First, the economic crisis means that business class travelers will be “trading down” to premium economy — whether that’s people flying for work whose travel policies are being tightened or upmarket leisure travelers who are feeling the pinch on their wallets but don’t fancy feeling it at their knees or elbows.

Second, frequent fliers will have miles to burn after a year of reduced traveling, and with those straitened travel policies that land business travelers in economy, we’ll likely see some of them upgrading themselves to the slightly better seats with their points. That’s alongside…