BTS: Airlines Collected $1.5 Billion In Fees In Second Quarter 2011 | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

AMA Drone Report

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday

Airborne-Thursday

Airborne-Friday

Airborne-Unmanned w/AUVSI

Airborne On ANN

AMA 04.20.17

Airborne
04.17.17

Airborne
04.18.17

Airborne
04.19.17

Airborne
04.20.17

Airborne
04.21.17

Airborne-Unmanned 04.18.17

Airborne-YouTube

AMA 04.20.17

Airborne
04.17.17

Airborne
04.18.17

Airborne
04.19.17

Airborne
04.20.17

Airborne
04.21.17

Airborne-Unmanned 04.18.17

Tue, Nov 01, 2011

BTS: Airlines Collected $1.5 Billion In Fees In Second Quarter 2011

Statistic Includes Only Baggage And Reservation Change Charges

U.S. airlines collected $1.5 billion from baggage fees and reservation change fees in the second quarter of 2011, according to the airline financial data released recently by the U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS).

The largest network, low-cost and regional airlines reported operating revenue of $38.6 billion and operating expenses of $36.6 billion. These airlines collect virtually all the fees collected by the airline industry. The airlines received $887 million from baggage fees and $612 million from reservation change fees in the second quarter. These are the only fees paid by passengers that BTS can currently identify separately. All other fees paid by passengers are combined in larger categories with other types of revenue.

In July, the Department issued an NPRM that is proposing to require airlines to report 16 additional categories of fee revenue in addition to the baggage and reservation change fees to provide additional airline pricing information to consumers and airline analysts.
 
The release of the second-quarter financial data was scheduled for Sept. 20 but delayed because of technical processing issues.  Operating profit/loss and operating revenue can be found on these tables. Fuel cost and consumption numbers are available on these tables. See the BTS financial databases for more detailed data.

The bureau reported that the airlines collected $1.4 billion in fees in the first quarter of this year.

FMI: www.bts.gov

Advertisement

More News

AMA Drone Report 04.20.17: Phantom 4 Advanced, NJ NIMBYism, AMA-DJI Team Up

Also: AUVSI XPO17 LIVE!, Steady Drone Sales, Drone v Shotgun... DJI’s new Phantom 4 Advanced offers a more powerful camera and more upgraded controls. The new upgrades the or>[...]

Airborne-Unmanned 04.18.17: Drones v Volcanoes!, Boston Marathon UAVs, XPO-LIVE!

Also: State Pavilions at XPONENTIAL, MQ-8C Fire Scout, Puma UAS, Drone Bust Drones DO wind up in some of the most amazing places... As evidence by the Universities of Bristol and C>[...]

Airborne 04.21.17: Gulfstream G280, Airport $$ Abuse, Boeing Jobs

Also: Drone Power, Jerkwater Drone Regs, CBP, Wichita UAS Mtg, Cessna Accident, Co-Pilot SNAFU, Atlas Air-Polar Air Gulfstream’s super mid-size G280 recently completed two mi>[...]

Aero-News: Quote of the Day (04.23.17)

"Without that drone we would not have found it and would have just been wandering around the bush." Source: New Zealand Police Sergeant Chris Turnbull, commenting on the use of a b>[...]

ANN's Daily Aero-Linx (04.23.17)

Aero Linx: The Collings Foundation The Collings Foundation is a non-profit, Educational Foundation (501(c)3), founded in 1979. The purpose of the Foundation is to organize and supp>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC