Airlines Rack Up Huge Profits As Passengers Face Shrinking Seats And Rising Fees

airlinesJonathan Turley – We have been following the increasing lines at security checkpoints in our airports due to budget cuts and TSA incompetence while airlines pile on extra charges for passengers while reducing both room and comfort to the level of cattle cars. As passengers are treated with level more regard than cattle by TSA and the airlines, the airlines themselves are racking up huge profits. Indeed, the most recent report shows that U.S. airlines had a combined $25.6 billion in net earnings last year. Yet, the airlines successfully lobbied to kill a bill in Congress that would have required such things as the publication of leg room on seats.

The after-tax profit for 25 airlines with scheduled passenger service was more than three times the $7.5 billion reported in 2014. Not only that but average fuel prices are 35% lower than the prior year. This is the sixth consecutive years of profits for the industry.

Remember how the airlines justified those baggage fees on fuel costs? Well, they are not rescinding them. Indeed, baggage fees rose to $3.8 billion last year and reservation change fees totaled $3 billion.

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