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

Most Recent Daily Airborne

Airborne On ANN

Airborne On YouTube/Hi-Def/Mac Friendly

Monday

Airborne 01.19.15

Airborne 01.19.15

Tuesday

Airborne 01.20.15

Airborne 01.20.15

Wednesday

Airborne 01.21.15

Airborne 01.21.15

Thursday

Airborne 01.22.15

Airborne 01.22.15

Friday

Airborne 01.23.15

Airborne 01.23.15

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

Airborne 01.23.15: Google/SpaceX Bucks, Pet Aero-Rescue, Return of the P-3?

Also: Disruptive Innovation, V22 Ospreys, USAF Lets Bluebook Loose, Dawn and Ceres, FAASTeam Virtual Safety Stand Down As SpaceX’s Elon Musk pushes ahead on his development o>[...]

ANN FAQ: Getting The Word Out

Things To Know When You Send A News Release Aero-News gets hundreds of releases every week, ranging from industry giants like Boeing and Cessna to the smallest of flying clubs and >[...]

USAF Releases UFO Project Blueboook

Nearly 130,000 Pages Of Documents Posted On The Internet The storied USAF Project Blue Book has been published online ... including nearly 130,000 pages of declassified UFO records>[...]

Aero-News: Quote Of The Day (01.25.15)

"That's going to be the initial focus over the next year. Certainly in the next year-and-a-half or so, we will be far enough along in continuing (tactics development) to develop a >[...]

ANN's Daily Aero-Linx (01.25.15)

Aero Linx: A-4 Skyhawk Association An affiliation of individuals who have flown, maintained, (or who simply love) the "A-4 Skyhawk"; and who are dedicated to the perpetuation of th>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2015 Web Development & Design by Pauli Systems, LC