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-10.07.24

Airborne-NextGen-10.08.24

Airborne-Unlimited-10.09.24

Airborne-FlightTraining-10.10.24

Airborne-Unlimited-10.11.24

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's Daily Aero-Linx (10.08.24)

Aero Linx: E-9A The E-9A is a twin turboprop used as a surveillance platform to ensure the Gulf of Mexico waters are clear of civilian boaters and aircraft during live missile laun>[...]

ANN's Daily Aero-Term (10.08.24): Blind Spot

Blind Spot An area from which radio transmissions and/or radar echoes cannot be received. The term is also used to describe portions of the airport not visible from the control tow>[...]

Airborne 10.09.24: Blue Origin, Canopy Piloting Champ, Old Rhinebeck Tragedy

Also: Bill Moyes Goes West, United All Clear, Flt Training Regs, Raptor Precaution Blue Origin plans to debut its second human-rated vehicle on the upcoming NS-27 launch. This inte>[...]

ANN's Daily Aero-Term (10.09.24): Ceiling

Ceiling The heights above the earth’s surface of the lowest layer of clouds or obscuring phenomena that is reported as “broken,” “overcast,” or &ldquo>[...]

ANN's Daily Aero-Linx (10.09.24)

Aero Linx: E-4B The E-4B "Nightwatch" serves as the National Airborne Operations Center and is a key component of the National Military Command System for the President, the Secret>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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