and you may be right Capt J...i'm just speaking from own experience and personally think the volume of passengers willing to pay a premium for service over lower cost is dwindling and will continue to dwindle. Most people i know are of the opinion that once they get from A to B safely and cheaply, they'll take that option everytime and more so now that economics is really coming into it.
I also know of many businessmen who would previously gone EI premium to London, are now flying Ryanair if its cheaper..they go where the company pays for them to go and many companies are cutting costs. For quite a few i know, the perk of cushy flights is a thing of the past and its coach all the way whether they like it or not.
All my opinion of course, never claimed to be right..