2018 ancillary revenue hits US$65b as LCCs proliferate
Over the past 5 years airline ancillary revenue has more than doubled, with Europe leading the way, according to the latest data from ancillary specialist IdeaWorksCompany. IdeaWorks estimates worldwide airline ancillary revenue—including baggage fees, assigned seats, refreshments, priority boarding and entertainment—totaled US$65b in 2018, up from $28.5b in 2014. “The prevalence of low-cost carriers in a region actually drives the level of ancillary revenue; a higher concentration of LCCs boosts ancillary revenue and a la carte results,” the company said. According the latest data, Europe and Russia are leading the way, with LCCs generating nearly 25% of operating revenue for the region. Of that, around $22.5b comes from ancillaries, up from $11b in 2014. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2019-02-27/general/2018-ancillary-revenue-hits-us-65b-as-lccs-proliferate
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2018 ancillary revenue hits US$65b as LCCs proliferate
Over the past 5 years airline ancillary revenue has more than doubled, with Europe leading the way, according to the latest data from ancillary specialist IdeaWorksCompany. IdeaWorks estimates worldwide airline ancillary revenue—including baggage fees, assigned seats, refreshments, priority boarding and entertainment—totaled US$65b in 2018, up from $28.5b in 2014. “The prevalence of low-cost carriers in a region actually drives the level of ancillary revenue; a higher concentration of LCCs boosts ancillary revenue and a la carte results,” the company said. According the latest data, Europe and Russia are leading the way, with LCCs generating nearly 25% of operating revenue for the region. Of that, around $22.5b comes from ancillaries, up from $11b in 2014. <br/>
