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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
06/30/201614:30:00Alaska Airlines, 700 local business leaders celebrate Boeing's...
06/29/201608:00:00Alaska Airlines to launch service between Seattle and San Luis...
06/27/201618:20:00U.S. to Hold Talks with U.A.E., Qatar in Airline Dispute
06/23/201607:55:00Pre-market Insights on Services Sector -- JetBlue Airways, Southwest...
06/22/201617:57:05Statement of Changes in Beneficial Ownership (4)
06/22/201608:00:00Alaska Airlines Announces New Flying Between Portland, Oregon...
06/15/201615:55:00Alaska Airlines Taps Three New Managing Directors
06/13/201616:24:50Current Report Filing (8-k)
06/10/201609:30:00Alaska Airlines begins nonstop flights between Anchorage, Alaska...
06/09/201614:37:20Amended Statement of Ownership (sc 13g/a)
06/09/201611:13:14Confidential Treatment Order (ct Order)
06/08/201616:34:00/C O R R E C T I O N -- Alaska Airlines/
06/08/201608:05:00Alaska Airlines Begins New Service from San Jose, California...
06/08/201608:00:00Alaska Airlines to Add First Nonstop Flights from San Diego to...
06/07/201616:00:00Alaska Airlines Flies on Gevo's Renewable Alcohol to Jet Fuel
06/06/201618:01:33Statement of Changes in Beneficial Ownership (4)
06/06/201608:00:00Alaska Airlines Celebrates Pride with Discounts, Events and Matching...
06/03/201608:00:00Alaska Air Group Reports May 2016 Operational Results
06/01/201614:57:00Alaska Airlines Cuts Foreign Transaction Fees, Increases Bonus...
05/31/201619:01:34Statement of Changes in Beneficial Ownership (4)

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