Transport Airlines

Airfares and Fees Are Set to Jump in 2014

Excerpt from ABC News

Jan 12, 2014 11:00 am

Skift Take

Fuel prices and airline consolidation have set the stage in 2014 for more airfare price hikes, and fees, too, of course. So much for “right-sizing” the industry.

— Dennis Schaal

Free Report: The Changing Business of Extended-Stay Hotels

Have you checked the price of oil lately? It hit $100 a barrel in late December (though it’s dropped down again since then), and oil is the big reason I predict fares will jump between four and five-and-a-half percent by the end of 2014. This will be after several airline price-hike attempts, a half-dozen of which will succeed.

As for fees, they’ll keep on coming. Discounter Spirit has just raised baggage fees again (but only a little), while other airlines can be expected to add them disguised in bundles or as brand new “amenities.” Bottom line is the same: You’ll pay more. Tip: An easy way to save is by learning how to pack absolutely everything you need in a carry-on.

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