Fees for baggage, pillows, snacks & other amenities brought $22.6B to top 50 airlines in 2011 – Columbus – Business First

Posted: September 11, 2012 in Uncategorized

September 10, 2012

Revenue from ancillary fees for baggage, pillows and snacks at the top 50 airlines has grown more than nine-fold in the last five years, hitting $22.6 billion last year as the number of carriers charging those fees more than doubled, the Cleveland Plain Dealer reports.

United Continental Holdings Inc. (NYSE:UAL) collected $5.17 billion in ancillary fees last year, the most of any airline in the country, the newspaper reports. Southwest Airlines Co. (NYSE:LUV), Port Columbus International Airport’s largest carrier, collected $1.18 billion last year, the fifth-highest total.

Five years ago, only 23 airlines charged such ancillary fees, collecting about $2.5 billion, the newspaper reports. The Plain Dealer used data from Wisconsin-based consultancy IdeaWorks Co., which includes revenue from selling miles and other promotions.

http://www.bizjournals.com/columbus/morning_call/2012/09/baggage-and-other-fees-brought-226b.html

 

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