Data

“Analysts say ancillary revenue earned from charges like baggage fees has become the mainstay of the airline business worldwide. Ancillary revenue is estimated to jump 26% year-on-year to $148.4 billion in 2024, accounting for about 15% of airline revenue across the globe.”

https://www.reuters.com/business/aerospace-defense/air-canada-ceo-address-canadian-government-hearing-carry-on-baggage-fees-2024-12-11/

Recasting to the data channel

I wonder how much margin this makes up for airlines…

Genart collector. Tinkerer. Investor. Crypto maximalist. Nomadic traveler w/ my wife and 3 kids. Temporarily settled-ish in Spain

…so as a family of five traveling for €20 each with 1 checked bag total, maybe *that* is why we’re seated in the back 😆

15% of revenue, assume its a higher share of margin given how thin regular ticket margins are