American Airlines joins rivals in hiking U.S. baggage fees by five dollars [Reuters]
American Airlines Group, Inc. (AAL)
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Source: Reuters
American Airlines joins rivals in hiking U.S. baggage fees by five dollars | Reuters 3 Min Read WASHINGTON (Reuters) - American Airlines Group Inc said on Thursday it would raise domestic U.S. baggage fees by $5, joining major rivals in the price hike amid higher fuel costs. The largest U.S. airline said it would hike the price of a first checked bag by $5 to $30 and the second bag to $40 in the first price increase since 2010. Other U.S. airlines, including Delta Airlines Inc, United Continental Holdings Inc and JetBlue Airways Inc, have also announced price hikes recently. The moves come at a time when Congress is considering whether to require the U.S. Transportation Department to assess if airline baggage and ticket change fees are “reasonable and proportional.” Airlines have cited rising costs as a concern, with high fuel prices and bumps in salaries and benefits for pilots, flight attendants and mechanics pushing up operating expenses. In July, American cut its 2018 earnings for
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AAL
Earnings
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AAL
Sec Filings
- 4/11/24 - Form PRE
- 3/12/24 - Form 8-K
- 3/5/24 - Form 8-K
- AAL's page on the SEC website