airline data 3 | IdeaWorksCompany

Airlines are pushing ancillaries to boost revenue, but new offerings slow to come

Articles about IdeaWorksCompany / By Jay Sorensen

PhocusWire Last year, total airline revenue exceeded pre-pandemic results hitting $918 billion, according to the recently published 2024 CarTrawler Yearbook of Ancillary Revenue. Ancillary services played a role in that growth, with passengers increasingly willing to pay for options to personalize their experience – elements such as more legroom, early boarding or checked baggage. According to […]

Airlines are pushing ancillaries to boost revenue, but new offerings slow to come Read More »

Report: 2023 Ancillary Airline Revenue ‘Surges’ Over ’19 Levels

Articles about IdeaWorksCompany / By Jay Sorensen

Business Travel News The airlines with the most ancillary revenue in 2023 collected $54.1 billion, which “is far in excess” of the $38.4 billion result for the top 10 carriers for 2019, according to a new IdeaWorksCompany report, released Tuesday. The company used financial statements, annual reports, analyst research and investor relations presentations for 68

Report: 2023 Ancillary Airline Revenue ‘Surges’ Over ’19 Levels Read More »

Low-Cost Carriers Reach Ancillary Revenue Records While Traditional Airlines Stumble – Press Release

Press Releases / By Jay Sorensen

Top-performing LCCs gain 13.1% on a per passenger basis, but traditional airlines drop 4.3% in the 2024 CarTrawler Yearbook of Ancillary Revenue. The 2024 edition of the CarTrawler Yearbook of Ancillary Revenue by IdeaWorksCompany, released today, describes ancillary revenue activities and results for 68 airlines in 2023, revealing divergences in trends and providing an assessment

Low-Cost Carriers Reach Ancillary Revenue Records While Traditional Airlines Stumble – Press Release Read More »

2024 CarTrawler Yearbook of Ancillary Revenue – Report

News & Research, Reports / By Jay Sorensen

The 2024 edition of the CarTrawler Yearbook of Ancillary Revenue by IdeaWorksCompany describes ancillary revenue activities and results for 68 airlines in 2023, revealing divergences in trends and providing an assessment of the industry as a whole. Here’s a guide to key features of the 2024 edition: • 68 pages of individual airline listings arranged by

2024 CarTrawler Yearbook of Ancillary Revenue – Report Read More »

Southwest’s free checked bag policy was just put into question

Articles about IdeaWorksCompany / By Jay Sorensen

San Francisco Chronicle The research firm IdeaWorks estimated recently that airlines worldwide bring in annual baggage fee revenues totaling $33.3 billion and noted that Southwest is the sole outlier among major U.S. carriers in not charging them. Federal statistics show that in 2023, baggage revenue was $1.3 billion for American, $1.2 billion for United, and

Southwest’s free checked bag policy was just put into question Read More »

Driving growth with airline ancillaries

Articles about IdeaWorksCompany / By Jay Sorensen

Mastercard In late 2023, travel industry firms CarTrawler and The IdeaWorks Company projected that airline ancillary revenue would increase to $117.9 billion worldwide for 2023. That would represent a 275% increase over ancillary revenues in 2013, which were $31.5 billion. While ancillaries are growing overall, ancillaries per passenger ticked down in 2023 significantly. In 2024

Driving growth with airline ancillaries Read More »

Buckets of Cash: Airport Lounges Are Big Business, With Delta Sky Clubs Serving More Than 30 Million Guests Annually – Press Release

News & Research, Press Releases / By Jay Sorensen

Airport Lounges Are the Hottest Ticket was issued today as an 18-page report to describe the economics of lounges and consumer fascination with these airport retreats. The following are key findings from the report: Co-branded credit cards contribute 40% of guests for airline-operated lounges in the US, with just 5% of guests purchasing single visit

Buckets of Cash: Airport Lounges Are Big Business, With Delta Sky Clubs Serving More Than 30 Million Guests Annually – Press Release Read More »

Airport Lounges Are the Hottest Ticket – Report

News & Research, Reports / By Jay Sorensen

This CarTrawler sponsored report describes how lounges are a “must have” amenity for millions of travelers and for millions in airline revenues. The pandemic unleashed consumer craving for amenities to relieve the little miseries that can accompany travel today. Airport lounges have become a hugely popular answer. Today, lounge operators are the beneficiaries of hordes

Airport Lounges Are the Hottest Ticket – Report Read More »

Nine Airline Companies Comprise a $30 Billion Dollar Club Courtesy of Co-Branded Credit Cards – Press Release

Press Releases / By Jay Sorensen

Co-branded credit cards deliver wheelbarrows of money for some airlines. The latest IdeaWorksCompany report explores how this has transformed frequent flyer programs (FFPs) and contemplates the effect upon customer loyalty. Many airlines have shifted from sole reliance on behavioral loyalty, which relies upon a customer’s expectations for service and quality. Carriers now embrace transactional loyalty

Nine Airline Companies Comprise a $30 Billion Dollar Club Courtesy of Co-Branded Credit Cards – Press Release Read More »

Airline Loyalty Becomes a Multi-Billion Dollar Club – Report

News & Research, Reports / By Jay Sorensen

CarTrawler sponsored research explores the jumbo economics of loyalty programs at Air Canada, Alaska, American, Delta, JetBlue, IAG, Qantas, Southwest, and United. Co-branded credit cards deliver wheelbarrows of money for some airlines. The latest IdeaWorksCompany report explores how this has transformed frequent flyer programs (FFPs) and contemplates the effect upon customer loyalty. Many airlines have

Airline Loyalty Becomes a Multi-Billion Dollar Club – Report Read More »