Isn't this a headline that says airlines make literally half their gross revenue... | Hacker News

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tptacek on Nov 20, 2023 | parent | context | favorite | on: Airlines will make $118B in extra fees

Isn't this a headline that says airlines make literally half their gross revenue from "extra fees"? Total US airline profits are in the low double digit billions, right? That would imply airlines are operating at an enormous operating loss, as, what, a gift to the traveling public?

therealdrag0 on Nov 20, 2023 [–]

I think there was a freakanomics saying basically this. The price of air travel has dropped and become way more accessible over the last 50 years.

I think travel is so discretionary they have to keep prices as low as possible or people decide not to fly. Low margins and tough competition.

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