The Street If you recently tried to book a flight with points or frequent-flyer miles, you might have noticed that not only cash prices have jumped significantly. The “they want how much for that flight?” feeling is confirmed by data — IdeaWorksCompany, a consulting firm analyzing airline revenue, calculated that the average price of a […]
There is a reason it’s costing more travel miles to get the same flight Read More »
USA Today Airline reward tickets are getting more expensive. While cash fares for flights are rising slower than inflation, a new report from IdeaWorksCompany, a consultancy focusing on ancillary airline revenue, shows that reward redemptions are getting even pricier than paid-for tickets. According to the analysis, airline reward ticket prices have increased 28% on average
The 2024 Reward Seat Availability Survey reviews Alaska, American, Delta, JetBlue, Southwest, and United flight rewards. The IdeaWorksCompany Reward Seat Availability Survey answers the question, “How costly is points redemption for the most popular basic reward type offered by top US airlines?” Key overall findings include: • Prices of rewards (in miles or points) has increased
South China Morning Post Airlines made US$33 billion from baggage fees worldwide last year, and they could make even more this year. Last year’s estimate is up almost 15 per cent from 2022, and it’s the first time it’s crossed US$30 billion since before the pandemic. Carriers could be set to make even more this
Skift Another reason airlines are increasing bag fees may be to boost sign ups for their loyalty programs and co-branded credit cards. For example, United said travelers that own a United Chase credit card or are members of its MileagePlus program will still be able to check in a bag for free. American said AAdvantage
Why Airlines Are Charging More to Check a Bag Read More »
Business Insider Baggage fees alone were worth an estimated $33.3 billion to airlines last year. That’s according to a report from IdeaWorksCompany, a consultancy for airline ancillary revenues, and car rental firm CarTrawler. IdeaWorks’ report analyzes revenue disclosures from around 120 major airlines around the world, before collating a global estimate.
Entrepreneur A new study from IdeaWorks examined how much customers paid for baggage-related fees last year across 20 airlines. Paying a fee to check a bag seems like an unnecessary added cost, especially when you have no choice — you need your luggage to travel with you. And according to a new report, those baggage
Report: Airlines Made $33 Billion Last Year Charging For Checked Bags Read More »
Forbes A recent study by ancillary revenue specialists IdeaWorks reveals airlines earned $117.9 billion from extras, including onboard sales, baggage charges, seat selections, and loyalty programs last year. Airline revenue from baggage fees surged to $33 billion. This is a significant 15% increase over the $29 billion airlines earned from bags in 2022 and exceeds
Airlines Make Whopping $33 Billion On Bags, See Where They Fly Free Read More »
CarTrawler 2023 Global Estimate of Baggage Fee Revenue reveals 15% increase from 2022 figure of $29 billion. IdeaWorksCompany, the foremost consultancy on airline ancillary revenues, and CarTrawler, leading global B2B provider of car rental and mobility solutions to the travel industry, recently estimated ancillary revenue at $117.9 billion worldwide for 2023. This CarTrawler Global Estimate
Global Bag Fee Revenue Rises to $33.3 Billion – Press Release Read More »
CarTrawler sponsored research reveals US major airlines netted 32% of global ancillary revenue and nearly 68% of frequent flyer and commission-based revenue. Following further analysis on the 2023 CarTrawler Worldwide Estimate of Ancillary Revenue, IdeaWorksCompany found that US major airlines, defined as Alaska, American, Delta, Hawaiian, Southwest, and United, achieved ancillary revenue results far above