A $10 in-flight meal here, a $25 bag fee there, and pretty soon you’re talking about real money. As in $32.5 billion, which, according to a just-released analysis, is the estimated amount the global airline industry will make in ancillary revenues this year.
According to the Amadeus Worldwide Estimate of Ancillary Revenue for 2011, that’s a 43.8 percent increase over the year before.
“Half of the increase is a result of the airlines doing better year over year,” said Jay Sorensen, president of IdeaWorks, which co-authored the report. “The other half is because the airlines are clearly becoming better retailers, increasing revenues of existing activities and adding more of them.”
For more: Overhead Bin - Airlines rake in billions in add-on fees
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