CarTrawler’s Post

Airline Ancillary Revenue Skyrockets in 2024! 🚀 Exciting insights from IdeaWorksCompany reveal that global airline ancillary revenue is projected to soar to $148.4 billion in 2024, marking a staggering 26% jump from 2023 and a growth of nearly $39 billion over the past 5 years. This record result highlights the resilience of ancillary revenue streams, now contributing 14.9% to overall airline revenue, driven by: - Add-on services such as baggage and assigned seats.🧳💺 - Commissions generated by car and hotel travel sales. 🚗🏢 - Co-branded credit card programs associated with frequent flyer programs. 💳✈️ Discover how ancillary revenue is reshaping the financial landscape for airlines in the recent 2024 CarTrawler Yearbook of Ancillary Revenue.⬇️ 🔗 https://lnkd.in/g8a9ACdg #CarTrawler #IdeaWorksCompany #AncillaryRevenue #Airlines #Travel

  • CarTrawler Worldwide Estimate of Ancillary Revenue

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