Ancillary revenue rose to €7.68 billion last year: report
Ancillary revenue increased by 345 percent to €7.68 billion last year from 2006, according to a report released by IdeaWorks, a Wisconsin-based market research firm.
Published: 09 Sep 2009
Ancillary revenue increased by 345 percent to €7.68 billion last year from 2006, according to a report released by IdeaWorks, a Wisconsin-based market research firm.
The firm analysed financial statements from 92 airlines to develop a picture of ancillary revenue activity by carriers worldwide.
Legacy airlines now fill the top three positions, which once included low cost carriers Ryanair and easyJet. And the ancillary revenue produced by individual carriers, such as United and Ryanair, has increased dramatically. The top five club now requires far more revenue to join - - in excess of €450 million. That’s more than any single carrier produced to join the prior top five list.
Top five airlines in terms of total ancillary revenue are as follows: American (€ 1.65 billion), United (€ 1.2 billion), Delta (€1.12 billion), Ryanair (€625 million) and Qantas (€458.6 million).
In terms of ancillary revenue as a percentage of total revenue, Allegiant topped with 22.7 percent. It is followed by Ryanair (19.3 percent), easyJet (15.5 percent), Jet2.com (14.8 percent) and Vueling (14.1 percent).
Some of the highlights include:
Read more: ancillary revenues