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U.S. airlines raised $3.35 billion from bag fees in 2013, down 4 percent from 2012 and the biggest decline since fees to check a bag or two took off in 2008.
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Suggested by Carl Kohler |
Scoop.it!
Michael Kabos insight:
The airlines are quite greedy. It all began when they started collecting luggage fees & no one complained or stepped in from FAA. Even worse the consumers did not complain. So it took a matter of weeks for most airlines to match the luggage fees. Once that began, they started raising fares, meals, premium seats. Fares have been climbing absurdly. So we have an industry that for decades lost money (yes paper losses) that now sees they can charge whatever they want. It is interesting that we were deregulated in 1978. I wonder if it is time to revisit reregulation. All these mergers and the only ones paying all these increases, increased luggage and new fees are the TRAVELERS.
Not so good for the consumer IMO.
This is a very interesting article. It is difficult to keep up with the new fees that you may incur as a traveler. The airlines keep moving the cheese to make new profits. With mergers and acquisitions in this industry it seems to be more frequent than ever.