U.S. airlines made over $15bn last year, including $4bn+ in bag fees
When you shell out twenty-five bucks for a checked bag, you probably get unreasonably angry. But this LA Times article suggests that your anger may not be that unreasonable. Airlines initiated baggage fees when gas prices were low, but it turns out to be a major money-maker for the industry––unsurprisingly. From the article, “The country’s airlines collected $4.6 billion from baggage fees and $2.9 billion from reservation change fees, which represent the only two ancillary passenger fees the airlines are required to report to the Bureau of Transportation Statistics.” Airlines don’t have to report other fees, however.
Full story at LA Times.
More news.Posted by Josh Taylor