The True Cost of an Airline Ticket? – Skift Travel News

Good morning from Skift. It’s Friday, September 30. Here’s what you need to know about the business of travel today.

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Episode Notes

The U.S. Department of Transportation unveiled a proposal this week to require airlines to display all airfare fees at the time of purchase. While corporations would have a clearer idea about how much they’re spending on travel, Corporate Travel Editor Matthew Parsons dissects the complexity of the proposed rules and technological challenges for business travel.

The proposed requirement would apply to any agents selling flight tickets, including airlines. Ancillary fees earn a huge amount of money for airlines, with some carriers earning more than half of their revenue from selling extras such as bags and seats. An executive at a technology consultancy firm said displaying ancillary fees would benefit corporations because they could use the information for reporting. But he said the industry lacks the technology to display the…

Read Full Story: https://skift.com/2022/09/30/the-true-cost-of-an-airline-ticket/

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