Feds: Airlines Collect $1.4 Billion in Baggage and Reservation Change Fees

As part of their fourth-quarter revenue,  airlines collected $792 million in baggage fees and $567 million in reservation change fees from October to December 2011.  That's down slightly from the third quarter, though it's still a big number.

Overall, airline profits in the fourth quarter of 2011 are down from the fourth quarter of 2010, with a 1.5 percent profit margin compared to 3.2 percent a year earlier, the federal Bureau of Transportation Statistics reported today.

The BTS notes that  "other fees, such as revenue from seating assignments and on-board sales of food, beverages, pillows, blankets, and entertainment are reported in a different category with other items and cannot be identified separately."