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 08.18.14 ** HD iPad-Friendly -- Airborne 08.18.14 **
** Airborne 08.15.14 ** HD iPad-Friendly -- Airborne 08.15.14 **
** Airborne 08.13.14 ** HD iPad-Friendly -- Airborne 08.13.14 **

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 08.18.14: FAA v UAVs-Again, KidVenture14!, ARSA Sez FAA Over-Reaching

Also: AquaPacer!, ProAdvantage, S Korea's Astro Shortage, More Aero-Diesel Growth Expected What seems like a good idea for real estate brokers and property buyers is not going to b>[...]

Aero-TV: The CubCrafters Attitude – Finding Solutions While Others Find Problems

CubCrafters Is Growing... And In A 'Down' Industry -- Find Out How While at EAA AirVenture 2014, ANN’s Michael Maya Charles stopped to talk with John Whitish, the Marketing M>[...]

AD: Bombardier, Inc. Airplanes

AD NUMBER: 2014-16-07 PRODUCT: Certain Bombardier, Inc. Model DHC-8-400, -401, and -402 airplanes.>[...]

AD: The Boeing Company Airplanes

AD NUMBER: 2014-16-14 PRODUCT: Certain The Boeing Company Model 737-600, -700, -700C, -800, and -900 series airplanes.>[...]

ANN's Daily Aero-Linx (08.20.14)

Fearless Aeronca Aviators A webpage dedicated to those intrepid pilots who fly or are intrigued by Aeronca Champs, Chiefs, Sedans and similar aircraft.>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC