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How airline fees are reshaping travel costs [Video]

Airlines know passengers are more sensitive to prices when booking flights, but are often willing to pay for extras later. Let’s connect the dots.

CHARLOTTE, N.C. — Airline fees are a growing part of the travel experience, from checking bags to picking seats. Fees now account for more than 20% of airline revenue.

The idea is that base prices can stay lower and more affordable for those who want a “bare bones” experience. But if you want extra perks like food or choosing a specific seat, prepare to pay extra.

Fees also reflect consumer behavior.

Airlines know passengers are more sensitive to prices when booking flights, but are often willing to pay for extras later. 

Finally, fees also help airlines manage costs. For example, charging for checked bags reduces the number of bags passengers bring, which saves airlines money on equipment and labor.

Airlines are also facing their own rising fees, from higher maintenance costs to stricter …

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Small Business Ideas

States Where New Businesses Are Most Likely to Succeed [Video]

Photo Credit: Alberto Menendez Cervero / Shutterstock As anyone whos ever started a business knows, getting one off the ground is not for the faint of heart. Entrepreneurs face numerous challenges in the early years, from solidifying business plans to navigating the complexities of hiring employees and acquiring licenses and insurance. These hurdles often determine