OPTO by CMC Markets
Between 2010 and 2019, revenues from such services consistently grew year-over-year as people became more willing to pay extra for a more comfortable flying experience. It should surprise no one that the pandemic squeezed this revenue stream. Total global ancillary sales plunged 47% in 2020 to an estimated $58.2bn, from $109.5bn a year earlier. What may surprise you to know, however, is that ancillary revenues actually rose for the year on a per-passenger basis, according to research from IdeaWorks and CarTrawler.
Could airline stocks be a buy in 2021?
February 12, 2021
Posted in Articles about IdeaWorksCompany