The top airlines got a 15% boost in revenue from bag fees in 2023 compared with the year prior, an annual report says. Those fees accounted for 4.1% of total global airline revenue.
The top 20 global airlines hauled in more than $33 billion in revenue from bag fees last year, according to an annual report. That accounted for about 4.1% of global airline revenue in 2023. It was also an increase of 15% from the $29 billion the companies collected in 2022, according to a report from IdeaWorks Co. and CarTrawler, which helps consumers get real-time information on rental car prices and availability.
carriers, which previously offered two checked pieces with every fare, began charging for the first checked bag. Shortly after the data was released, American Airlines unveiled increased fees that many customers will have to pay for their first and second checked bags. It was the carrier's first increase in about six years. American upped how much it charges for a first bag checked at airport counters from $30 to $40 for domestic flights.
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