airline industry

Airlines continue to find ways to increase ancillary revenue

Travel Weekly The Car Trawler Yearbook of Ancillary Revenue, undertaken by consulting firm IdeaWorks, found that in 2021 the average airline ancillary revenue per passenger was $29.96, up 39% from the 2019 average of $21.54 per passenger.  The study included 75 airlines that disclosed ancillary sales results for 2021. It includes sales of traditional ancillary […]

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Ancillary Sales Drive Pandemic Recovery for Many Airlines

PhocusWire Sales of add-ons drove an increase in revenue last year as airlines sought to recover pandemic losses.  Total ancillary revenue reached $48.4 billion in 2021 – up 54.2% from 2020, but 28% lower than 2019, a new study reveals.  Overall airline revenue rose 32% to $462 billion from 2020 to 2021. But 2021 still trailed 2019

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New Big Book of Travel Data Reveals $867 Billion in Revenue from Airlines, Hotels, Car Rental & OTAs – Press Release

Allianz Partners, a global leader in travel protection and consumer specialty insurance, and IdeaWorksCompany, the foremost consultant on ancillary revenue, have released the first edition of The Allianz Partners Big Book of Travel Data by IdeaWorksCompany.  This new publication, which expands on IdeaWorks’ former Big Book of Airline Data, provides a world of industry data for

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2022 Allianz Partners Big Book of Travel Data – Report

Allianz Partners and IdeaWorksCompany release report filled with data from 122 airlines, 174 hotel brands, leading car rental companies and OTAs.  Allianz Partners, a global leader in travel protection and consumer specialty insurance, and IdeaWorksCompany, the foremost consultant on ancillary revenue, have released the first edition of The Allianz Partners Big Book of Travel Data

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How the value-based distribution model can drive NDC adoption

BTN – Business Travel News Europe Industry reports have revealed that the revenue earned by airlines in ancillary fees has been increasing every year. It was estimated at $65.8 billion in 2021 according to the IdeaWorksCompany and CarTrawler annual airline ancillary revenue report, and that’s still a way off from the $100 billion airlines were

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Baggage Belts Deliver Cash for Smart Airlines – Report

This CarTrawler sponsored analysis reviews the baggage fee methods embraced by 18 carriers leading the pack.  From global network airlines to low cost carriers, baggage is the top a la carte revenue performer.  The latest report from IdeaWorksCompany describes innovations focusing on carry-ons, baggage check-in, and booking path displays.  Fees for carry-on bags are the

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Global Baggage Fee Revenue Jumps to $20.9 Billion – Press Release

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 $65.8 billion worldwide for 2021. This CarTrawler Global Estimate of Baggage Fee Revenue identifies baggage as a $20.9 billion component and provides a summary of baggage

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Business travel may never fully recover, as companies like McKinsey make permanent cuts to trips.

New York Times Climate pledges are another factor that could permanently reduce corporate travel, according to a report released Tuesday by IdeaWorks, a corporate travel consulting firm. The report said because corporate travel represented a large portion of professional service firms’ carbon footprints, many will not be able to meet their climate goals without a

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The Pandemic, Technology, and the Environment Are Changing Airline Business Travel – Report

CarTrawler-sponsored analysis describes how the pandemic, technology, and environmental concerns have changed airline business travel. It could be a year in which the airline industry recovers some of the profits lost during the pandemic. That’s the picture for leisure travel, especially in the burgeoning premium leisure sector. The recovery of business travel is complex and

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Changes to Airline Business Travel Prompt Focus On Premium Leisure as a New Post-Pandemic Opportunity – Press Release

The recovery of business travel is complex and largely unwritten. Online meeting technology continues to march ahead, company employees are still working from home, corporations are setting carbon reductions tied to business travel, and the airline industry still struggles to find firmer footing. Innovation and resilience saved airlines during the pandemic, and these same traits

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