As we get closer to airline earnings reports this week, travel blogger Christopher Elliott asked the pertinent question, "Would airlines still be profitable if you stripped away the fees?"
In his analysis, the answer is yes, but barely.
Elliott looked at the quarterly estimates that say the nine largest US airlines will report $2.4 billion profits for the third quarter on $33.3 billion in revenues. He calculates that airlines will have collected $2.25 billion in ancillary fees in the same period.
Bottom line? The industry would make about $150 million if it wasn't charging fees.
Check out his full blog post here.