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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, [email protected]

Stock News for Alaska Air (ALK)
DateTimeHeadline
01/20/201714:36:00Alaska Air Group to Announce Financial Results
01/18/201706:02:20Amended Current Report Filing (8-k/a)
01/18/201706:02:19Current Report Filing (8-k)
01/11/201708:00:00Alaska Airlines announces new seasonal flights from Portland...
01/10/201715:15:26Initial Statement of Beneficial Ownership (3)
01/10/201713:08:21Statement of Ownership (sc 13g)
01/10/201708:00:00Alaska Air Group Reports December 2016 and Full-Year Operational...
01/06/201718:43:13Statement of Changes in Beneficial Ownership (4)
01/06/201708:00:00Alaska Airlines kicks off new year with new in-flight amenities...
01/05/201714:58:00Alaska Airlines launches first West Coast commercial air service...
12/21/201608:00:00Alaska Airlines and Virgin America grow San Francisco hub with...
12/19/201609:15:14Current Report Filing (8-k)
12/19/201608:00:00Alaska Airlines announces new enhancements to Mileage Plan
12/14/201609:10:42Current Report Filing (8-k)
12/14/201608:30:00Alaska Air Group closes acquisition of Virgin America, becomes...
12/14/201608:30:00Alaska Air Group closes acquisition of Virgin America, becomes...
12/13/201606:02:21Current Report Filing (8-k)
12/12/201617:53:00Alaska Airlines and its aircraft technicians reach tentative...
12/07/201617:40:00Alaska Air Agrees to Settle Consumer Lawsuit Opposing Merger
12/07/201617:21:00Alaska Airlines issues statement following Virgin America lawsuit...

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