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The above statistics have been put forward by IdeaWorks, which is an airline revenue consultancy, as well as an online car rental booking organisation known as CarTrawler, and includes as many as 178 airlines.
Collectively, they arrived at the conclusion that the additional income of airlines from travellers has risen by about 200% ever since the year 2010.
It has also added that globally it accounts for about 9.1% of airline revenue.
Income from travellers for their checked-in baggage generated of $44.9 billion this year. The smaller chunk of airline revenue is believed to be sourced from selling frequent flyer miles to program partners and also commissions earned through car rental and hotel bookings. The amount earned is about $22.5 billion.
It has been found that airlines companies like Air New Zealand are capable of collecting the largest amount of total revenue from ancillary revenue that amounts to about $26.9 billion worldwide this year.
The different factors that have led to the generation of such grand revenue include seat assignment, premium seating, checked baggage and so on.
The U.S. major airlines are predicted to earn $20.2 billion this year from ancillary revenue.
As per the ancillary revenue yearbook released in September, Qantas Airways secured the ninth rank amongst the top 10 airlines for earning money like this. It was able to earn about $1.17 billion, a majority of which can be attributed to frequent flyer programs. Jetstar, on the other hand, earned about $564 million.
Source: travelnewsdigest.in