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It actually literally contradicts what you said. People flying any amount (at christmas with their family) are paying bag fees.
by amrocha 1y ago
It actually literally contradicts what you said. People flying any amount (at christmas with their family) are paying bag fees.
- arcticbull 1y agoUS airlines recorded $5.1 billion in checked baggage fees according to your article. US airlines recorded a revenue of $275.3B in 2024. This accounts for 1.8% of revenue. A further billion was change fees. Net profit was $6.7B meaning literally all of their net revenue (a total of 2.25% of gross revenue) was accounted for from these ancillary fees. But their inflation-adjusted cost went down 36% since 1995. There were a total of about 1 billion emplanements by US carriers in 2024, ish, so we're talking about a total of about $6 per passenger per year. They really are insignificant.
- ghaff 1y agoExcuse me. I should have said any significant amount. Those people flying every month or two mostly do take measures to have free baggage assuming they have checked baggage at all.