Sunday, July 17, 2011

Better Disclosure of Airline Fees on Horizon

The U.S. Department of Transportation will require airlines to break down and disclose the revenue they derive from ancillary fees and report 14 additional categories that are currently tucked away under one large category.

Very soon, your airline ticket breakdown may resemble the sticker price of an automobile.

By disclosing these fees, which include the sale of items such as beverages, meals, pillows and blankets, airlines may be required to collect/pay federal excise taxes of 7.5% on some of these services resulting in more complications.

www.premieretravel.com

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