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luggage fees posts

Spirit Airlines Adds Carry-on Fee -- Nudist's Delight?

Posted Apr 9th 2010 5:00PM by Sheldon Liber (RSS feed)
Filed under: Rumors, Rants and Raves, Competitive Strategy, Southwest Airlines (LUV), US Airways Group (LCC), AMR Corp (AMR), Contl Airlines'B' (CAL), UAL Corp (UAUA), Delta Air Lines (DAL)

Another day, another airline fee and this time it's for carry-on luggage! Is there no limit to these fees? Spirit Airlines, out of Fort Lauderdale, Florida, is going to start charging a fee on August 1, 2010. The only group that is not chagrined are probably the nudists that travel light when vacationing.

Given all the fees the airlines are tacking on they might as well evolve into banks. Actually I think this is another instance where business has learned a bad lesson from government agencies. The government may require legislative action to raise taxes but bureaucrats the world over seem to be able to add new fees at will.

Continue reading Spirit Airlines Adds Carry-on Fee -- Nudist's Delight?

Continental releases earnings, announces job cuts

Posted Jul 21st 2009 3:30PM by Mark Fightmaster (RSS feed)
Filed under: Earnings Reports, Contl Airlines'B' (CAL)

Earlier this morning, Continental Airlines (NYSE: CAL) announced that it will cut 1,700 jobs, along with raising fees for checking luggage. CAL tagged this news along with its quarterly earnings report, in which it reported a loss of $1.72 per share. In the same quarter a year ago CAL lost a nickel per share. Excluding one-time items, CAL lost $1.36 per share compared to estimates for a loss of $1.35 per share. Quarterly revenue slipped 22.7% to $3.13 billion in the quarter, just shy of the consensus estimate.