Newsletter: Airline fees cost passengers over $35 billion a year [Los Angeles Times (CA)]
AT&T Inc. (T)
Last at&t inc. earnings: 4/22 06:54 am
Check Earnings Report
US:NYSE Investor Relations:
en.wiktionary.org/wiki/at
Company Research
Source: Los Angeles Times
Welcome to the weekly newsletter of the L.A. Times Business Section . I’m consumer columnist David Lazarus , here today with a look at how much airlines are profiting from all those add-on fees. Short answer: lots. A report on carriers’ “ancillary revenue” from IdeaWorks shows that 154 global airlines pocketed more than $35 billion last year from fees related to frequent-flier programs, which are their biggest cash cows, as well as baggage, extra legroom, snacks and other ways passengers are routinely clipped for what were once free amenities. Here are the top four, based on the airlines’ financial filings: The report doesn’t break out revenue from add-on fees without frequent-flier programs in the mix, which would be a lower number, probably closer to $5 billion a year. But it notes that American gets about $35 per passenger from ancillary revenue, United about $36, Delta $29 and Southwest $30. “The arrival of basic economy fares has opened the door for traditional airlines to e
Show less
Read more
Impact Snapshot
Event Time:
T
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
T alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
T alerts
High impacting AT&T Inc. news events
Weekly update
A roundup of the hottest topics
T
News
- Warner Bros. CEO Earned $49.7 Million in Strike-Impacted Year [BNN Bloomberg (Canada)]BNN Bloomberg
- Major Delays at Sacramento Airport After AT&T Cable Is Slashed [The New York Times]The New York Times
- AI Squared Secures $13.8M In A Series A Round To Drive AI Integration Across Enterprises [Yahoo! Finance]Yahoo! Finance
- INVESTIGATION ALERT: Levi & Korsinsky, LLP Announces Investigation Of AT&T Inc. (NYSE:T) Data BreacAccesswire
- Will Modest Top-Line Improvement Aid AT&T's (T) Q1 Earnings? [Yahoo! Finance]Yahoo! Finance
T
Earnings
- 1/24/24 - Miss
T
Sec Filings
- 4/16/24 - Form PX14A6G
- 4/8/24 - Form DEFA14A
- 4/4/24 - Form ARS
- T's page on the SEC website