The airline industry collects so much revenue from charges to check bags, reserve seats, buy food and connect to the Internet, among other things, that 10 of the world’s biggest carriers have surpassed the $1-billion revenue mark solely from fees.
A report by IdeaWorks, a Wisconsin-based consultant on airline revenue, concluded that 67 of the world’s biggest airlines generated a total of $40.5 billion from passenger fees and other ancillary revenue last year, up 6.5% from the previous year.
The largest 10 airlines each pocketed at least $1 billion from such fees, the study found.
“Now, the top...
A United Airlines jet taxis at O'Hare International Airport.