Global airline industry expected to generate sales of E82b
The global airline industry is expected to generate nearly US$93b (E82b) in ancillary revenues this year, a new study claims. The total would represent a 312% rise in revenues from non-air fare sources in the past 8 years. “Nearly $93b in revenue indicates that good merchandisers are selling products desired by a vast number of customers”, said Aileen McCormack, CCO at software firm CarTrawler, which compiled the study on behalf of IdeaWorks. In July, IdeaWorks and CarTrawler reported that the world’s 10 leading airlines pulled in a combined E25.4b from ancillary revenues last year, up 6% on 2016, further underlining the importance of non-air fare income streams for the industry. According to CarTrawler, $64.8b worth of ancillary revenues this year will come directly from a la carte items. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2018-11-29/general/global-airline-industry-expected-to-generate-sales-of-e82b
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Global airline industry expected to generate sales of E82b
The global airline industry is expected to generate nearly US$93b (E82b) in ancillary revenues this year, a new study claims. The total would represent a 312% rise in revenues from non-air fare sources in the past 8 years. “Nearly $93b in revenue indicates that good merchandisers are selling products desired by a vast number of customers”, said Aileen McCormack, CCO at software firm CarTrawler, which compiled the study on behalf of IdeaWorks. In July, IdeaWorks and CarTrawler reported that the world’s 10 leading airlines pulled in a combined E25.4b from ancillary revenues last year, up 6% on 2016, further underlining the importance of non-air fare income streams for the industry. According to CarTrawler, $64.8b worth of ancillary revenues this year will come directly from a la carte items. <br/>
