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 -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-05.20.24

Airborne-Unlimited-05.28.24

Airborne-FlightTraining-05.29.24 Airborne-Unlimited-05.30.24

Airborne-Unlimited-05.24.24

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

ANN FAQ: Contributing To Aero-TV

How To Get A Story On Aero-TV News/Feature Programming How do I submit a story idea or lead to Aero-TV? If you would like to submit a story idea or lead, please contact Jim Campbel>[...]

ANN's Daily Aero-Linx (05.29.24)

Aero Linx: International Association of Professional Gyroplane Training (IAPGT) We are an Association of people who fly, build or regulate Gyroplanes, who have a dream of a single >[...]

ANN's Daily Aero-Term (05.29.24): NORDO (No Radio)

NORDO (No Radio) Aircraft that cannot or do not communicate by radio when radio communication is required are referred to as “NORDO.”>[...]

Airborne 05.28.24: Jump Plane Down, Starship's 4th, Vision Jet Problems

Also: uAvionix AV-Link, F-16 Viper Demo, TN National Guard, 'Staff the Towers' A Saturday afternoon jump run, originating from SkyDive Kansas City, went bad when it was reported th>[...]

ANN's Daily Aero-Term (05.30.24): Beyond Visual Line Of Sight (BVLOS)

Beyond Visual Line Of Sight (BVLOS) The operation of a UAS beyond the visual capability of the flight crew members (i.e., remote pilot in command [RPIC], the person manipulating th>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC