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US Airlines' Ancillary Revenue Off 1%, Despite Higher Baggage Revenue

DOW JONES NEWSWIRES U.S. airlines' first-quarter ancillary revenue dropped 1% from a year earlier as reduced reservation change fees and miscellaneous revenue offset an increase in baggage-fee proceeds, according to the U.S. Department of Transportation. As the industry has flown through financial hardship over the past decade, fees have been added to many services and perks, from switching flights on a standby basis at some carriers to getting a window seat or bottled water at others. Carriers, which also in recent years have installed fees for travelers' first checked bags, were hit by a drop in demand during the downturn but are beginning to see stabilization. Ancillary revenue dropped to $1.86 billion from $1.88 billion a year earlier, according to the Bureau of Transportation Statistics. Delta Air Lines Inc. (DAL), recently merged with Northwest, saw the metric jump 61% to $592.1 million, posting the steepest growth and highest value. JetBlue Airways Corp. (JBLU) had the biggest decline, 13%. Baggage fee collections jumped by a third to $768.5 million, more than tripling at Alaska Air Group Inc.'s (ALK) Alaska Airlines and doubling at Delta, which collected more than any other carrier. Reservation change fee collections declined 5.7% to $553.9 million. AirTran Holdings Inc. (AAI) collected nearly three times as much from change fees as last year while Delta's collections were up 90%. Miscellaneous operating revenue--which includes items such as pet transportation and standby passenger fees--plunged by 25%, more than tripling at Delta and doubling at Southwest Airlines Co. (LUV), while AirTran, Spirit Airlines Inc. and Continental Airlines Inc. (CAL) saw declines of 34%, 40% and 75%, respectively. -By Matt Jarzemsky, Dow Jones Newswires; 212-416-2240, matthew.jarzemsky@dowjones.com

Stock News for Alaska Air (ALK)
DateTimeHeadline
07/02/201511:00:00Alaska Air Group to Announce Financial Results
07/02/201508:00:00Alaska Air Group Reports June 2015 Operational Results
07/01/201508:05:00Alaska Airlines starts service between Seattle and Milwaukee...
07/01/201508:00:00Alaska Airlines to Offer Free Checked Bag with Every Flight for...
06/30/201513:09:00Report Shows Benefits of 'Greener Skies' approaches at Sea-Tac...
06/30/201508:05:00Alaska Airlines Announces New Regional Flying from Los Angeles...
06/24/201514:33:25Confidential Treatment Order (ct Order)
06/15/201508:45:58Current Report Filing (8-k)
06/15/201508:15:00SkyWest Adds Eight Embraer E175s to Fleet, Replacing Older Regional...
06/11/201508:00:00Alaska Airlines Announces Fare Sale for New Costa Rica Flights...
06/09/201520:40:16Lufthansa Surcharge Steps Up Fight for Fares
06/09/201509:00:00Alaska Airlines Names David Kuhl Vice President of Information...
06/02/201508:00:00Alaska Air Group Reports May 2015 Operational Results
06/01/201512:00:00Alaska Airlines to Add New Portland-Austin and Eugene-San Jose...
05/27/201509:30:00Alaska Airlines Names Derek Chang Managing Director of Brand...
05/21/201515:00:00Tom Kemp Named Alaska Airlines' Vice President of Flight Operations
05/20/201509:00:00Alaska Air Group Reduced its Emissions Intensity by 30 percent...
05/19/201519:08:36Statement of Changes in Beneficial Ownership (4)
05/19/201519:08:06Statement of Changes in Beneficial Ownership (4)
05/16/201510:34:03The Single Worst Practice of the Airlines

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