The Rise of Checked Baggage Fees

Your next video will start in

Recommended Videos

  • Info

  • Comments


Dec. 24 (Bloomberg) -- On today's "Off The Charts," Scarlet Fu looks at the rising price of airline baggage fees on Bloomberg Television's "Market Makers." (Source: Bloomberg)

The effect in today's off the charts.

Scarlet, i can't stand it that people now have to pay to check their bags.

Everyone is jamming giant bags on the plane.

I don't know why no one is checking them.

I can't even get the teenage mutant ninja turtles backpacks into the overhead compartment because people have giant north face backpacks that they're going to trek across europe with.

It is all because airlines are charging you to check in luggage.

All of the ancillary fees -- easy money for the airline's bottom line.

It translates into net income for an airline industry that has been beleaguered over the years.

The healthy consolidation has gone a long way toward that.

Overall, the industry collected 2.6 billion dollars in baggage fees in the first second and third quarters of this year.

The airlines that led the way -- delta air lines.

United is second with $471 million.

Spirit airlines -- discount airliner -- they charge you to bring in a carry-on bag.

Are we the trumps -- chumps?

We are interested in the cheapest flight.

Do we forget the fact that we are paying upwards of $50 to check a bag?

We have to pay for a blanket, a pillow.

It shouldn't we just want to pay $50 or $75 to it a better experience?

When it comes down to it, people like to pay for the service they are going to use.

If you don't want to pay for that food, you don't have to.

Sweaty cheese sandwich, potato chips -- whatever the issue -- people want to pay for the service they use.

Even though it is annoying, people would rather pay for what they use than rather what they don't use.

If you were to shift a human sized body box from new york to california overnight, that was cost you about $1500. you could get a deal on some airlines -- you should be happy with how low the fares are over well.

Mobsters come are you watching?

If you want to check a human body across the united states -- human body sized box.

Sorry i misunderstood.

Thank you for putting

This text has been automatically generated. It may not be 100% accurate.


BTV Channel Finder


ZIP is required for U.S. locations

Bloomberg Television in   change