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updated 7:58 PM PST, Feb 12, 2016

Airline earnings are in the bag

ASSOCIATED PRESS: U.S. airline companies are making billions from bag and reservation-change charges.

ASSOCIATED PRESS: U.S. airline companies are making billions from bag and reservation-change charges.

The Department of Transportation said Monday that airlines collected $3.5 billion in bag fees last year, a 5 percent increase over 2013, and $3 billion in reservation-change fees, a 6 percent hike.

Fees began escalating in 2008, when airlines were losing money and facing a sharp rise in fuel prices. Today, they make up a growing share of airline revenue.

Read the story here.

Last modified onMonday, 19 October 2015 11:43

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