US & Canada Airlines Have $39 Billion of Ancillary Revenue, Including More Than $23 Billion from Co-Branded Cards – Press Release
CarTrawler sponsored research reveals US & Canada airlines grabbed 38.3% of global ancillary revenue and 66.5% of frequent flyer and commission-based revenue. The US & Canada edged ahead with a larger share of global ancillary revenue from last year’s result of 37.1%, with a robust gain of nearly $15 billion. The recovery of long-haul traffic for Europe’s airlines helped the region replace Asia/Pacific for the 2nd slot with a $9.7 billion jump over the 2021 estimate. This year’s release includes a first-ever estimate of the global revenue provided by frequent flyer programs and commission-based activities. At $36 billion, this new statistic represents a meaningful 35% share of the $102.8 billion ancillary revenue estimate for 2022.