Wednesday, 15 June 2011

Investing in Airlines: Fees Make Airlines an Extra $5.7 Billion in Revenue

In 2010, U.S. airlines collected 10% more in fees from checked bags and changed reservations for a total of $5.7 billion, which helped to offset losses incurred from higher fuel costs. Many airlines now charge up to $25 for the first checked bag and more for each bag after that, a practice that ...


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