Tuesday, November 4, 2014

Airlines on Track to Rake in $50 Billion in Fees in 2014

Airfares that are quoted are only a percentage of the actual cost of travel.  Increasingly, airlines who never miss any opportunities to tack on a multitude of fees, will end up collecting about $50 billion in 2014 just on ancillary fees.  The trend will continue in 2015 and beyond.  Fees represent the biggest source of new revenue for airlines and will grow about 15% annually for the foreseeable future. www.premieretravel.com

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