This redesign would require full bleed CMYK printing, which is none of those things.
This is a perfect example of why business people tend to ignore designers and regard them as jumped-up decorators. If you're going to suggest that someone changes the way they do business, at least have the courtesy to find out why they do things that way. If you're not trying to solve a real problem, then you're a stylist, not a designer.
As far as airlines are concerned, boarding passes are a solved problem and have been for decades. These supposedly simple changes would cost them millions in equipment upgrades and reduce the reliability and throughput of their ticketing systems, for no obvious gain.