Articles about IdeaWorksCompany

Chicago Tribune
Bank cards score well in travel reward study
Deciding which credit card is best for free travel can be difficult, but a new report may help.  “Card-Carrying Generosity,” released this week, reviewed the credit cards offered by the five largest U.S. airlines and compared them against independent travel reward cards offered by banks.  “The cards are complicated, and it’s a complicated issue to compare them,” said Jay Sorensen, the president of the IdeaWorksCompany, a Shorewood, Wis., consulting firm for the airline industry that conducted research for the report.

Forbes
Bank cards score well in travel reward study
Deciding which credit card is best for free travel can be difficult, but a new report may help.   “Card-Carrying Generosity,” released this week, reviewed the credit cards offered by the five largest U.S. airlines and compared them against independent travel reward cards offered by banks.

Airline Directory 2013
The Sky’s the Limit
Since 2008, IdeaWorksCompany and Amadeus have worked together to produce the annual Amadeus Yearbook of Ancillary Revenue. 2012’s report investigates a year that is well-remembered for its economic uncertainty, where ancillary revenues have soared with the help of some artful tactics.

New York Times
How to Get a Seat Out of Your Miles
“When the economy does poorly, cash bookings go down, and that creates more opportunity for reward travelers,” said Jay Sorensen, president of the IdeaWorks Company, a travel consulting firm that compiles an annual ranking of award availability based on thousands of attempts to book seats on popular routes.

Air Transport World
The Ancillary Revenue Jungle
Ancillary fees and a la carte options are now an important part of many airline revenue streams.  They have prompted criticism from the public and lawmakers, but these fees are not unique to the industry.  Companies such as Disney Parks & Resorts, hotels and cruise ships, charge ancillary fees – and have been doing for years.  “Good ideas are embraced within an industry; great ideas are adopted by those outside the industry” IdeaWorksCompany President Jay Sorensen said.

Relishing the Good Life, One Mile at a Time
Airlines are expanding non-air loyalty rewards catalogues to keep savvy premium customers satisfied.  Magazine information:  Article copyright 2012, APEX. All rights reserved.  APEX Editor’s Blog at blog.apex.aero.  You can read the APEX magazines online at blog.apex.aero/emagazines/

Daily Mail
Airlines to earn an estimated $36BILLION this year through charges for early boarding, selecting seats and other ‘extras’
Airlines are set to earn around $36.1billion this year through extra fees imposed on passengers for boarding the plane early, buying extra leg room and checking in additional baggage.

Seattle Times
More fees coming from airlines
Passengers might not like the idea of paying $25 to $30 to check a first bag, but they’re going along with it, one reason 50 airlines worldwide reported ancillary revenue of $22.6 billion in 2011, up from $13.5 billion in just two years, according to a new report by Wisconsin-based IdeaWorks and its technology partner, Amadeus.

Cleaveland Plain Dealer
Airlines worldwide raked in more than $22.6 billion in fees last year; why you’re likely to see more fees
More and more airlines see the dollars they rake in from selling frequent-flier miles, charging a la carte fees and earning commissions from co-branded travel products as a way to stay profitable despite rising costs, according to IdeaWorks Co., a Wisconsin consultancy that tracks such fees.

Los Angeles Times
Southwest makes top 10 list for collecting most extra revenue
Southwest recently moved up into a list of the top 10 airlines around the world that generate the most revenue from extra passenger charges, according to a study by Wisconsin-based IdeaWorks, an airline consulting firm.