Airlines make billions charging ‘junk fees,' congressional report says [Yahoo! Finance]
Delta Air Lines, Inc. (DAL)
Last delta air lines, inc. earnings: 4/22 07:00 am
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Source: Yahoo! Finance
The report said some airlines have even paid workers cash incentives to identify customers trying to avoid fees for carry-on bags. From 2018 to 2023, five US airlines made more than $12 billion on seat selection fees alone, an “unbundled” cost that used to be included as part of an airline ticket. The report, from the Senate Permanent Subcommittee on Investigations, said that in 2023, United Airlines charged as much as $319 for an extra legroom seat, Spirit Airlines charged as much as $299, Delta Air Lines charged as much as $264, Frontier Airlines charged $141 and American Airlines charged as much as $140. “Seat fees have grown more expensive and farther-reaching,” it said. “These five airlines charge passengers extra for additional legroom, aisle and window seats, or even selecting a seat in advance, compelling parents with minor children to pay to sit together.” The 55-page report comes as the outgoing Biden Administration takes a victory lap for its crackdown on airlines
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DAL
Earnings
- 10/10/24 - Miss
DAL
Sec Filings
- 11/22/24 - Form 4
- 11/21/24 - Form 144
- 11/20/24 - Form 8-K
- DAL's page on the SEC website