Wednesday 9 May 2018

U.S. airlines pocketed $15.5 billion last year, including a record $4.6 billion in bag fees

U.S. airlines pocketed $15.5 billion last year, including a record $4.6 billion in bag fees

The good times for the nation's airlines continued last year, with the country's largest carriers reporting a combined profit of $15.5 billion, including $4.6 billion from baggage fees. The 23 largest airlines reported a combined after-tax profit for the fifth consecutive year, representing a strong rebound from nearly a decade of losses following the Sept. 11, 2001, terrorist attacks and the economic recession that followed, according to the U.S. Bureau of Transportation Statistics.
Read more: http://www.latimes.com/business/la-fi-airline-profits-20180507-story.html?source=Snapzu

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