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home / articles / airlines find powerful new revenue stream carry on b mwn benzinga


RYAAY - Airlines Find Powerful New Revenue Stream: Carry-On Baggage | Benzinga

Airlines are increasingly cracking down on what passengers can take on board, and it’s not just so that they can monetize baggage — although the money is good.

A study by IdeaWorks and CarTrawler in 2022 showed an already growing trend in monetizing carry-on baggage.

“From global network airlines to low-cost carriers, baggage is the top à la carte performer,” said Jay Sorensen, the report’s author.

Many low-cost carriers began charging extra for additional carry-on items several years ago. The larger airlines resisted such measures for some time, but have now begun to adopt fees themselves.

Also Read: Spirit Airlines CEO Says ‘We Are Disappointed’ After JetBlue Deal Fails

Full story available on Benzinga.com

Stock Information

Company Name: Ryanair Holdings plc American Depositary Shares each representing five Ordinary Shares
Stock Symbol: RYAAY
Market: NASDAQ

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