Spirit Airlines’ New Stratospheric Bag Fees
by Nate Wooley | October 3, 2012 10:41 am
If you’re planning to fly Spirit Airlines (NASDAQ:SAVE[1]) in the future, you’d better plan ahead. The discount carrier’s new fee schedule is the highest in the industry.
Beginning Nov. 6, Spirit will charge $100 for each bag checked at the gate, reports the Detroit Free Press[2]. That’s more than double the current fee of $45. Spirit is hoping that the new fee will persuade passengers to pay up-front instead of waiting.
With Spirit’s low-cost, low-service business model, current fees make up about 40% of its revenue. Right now, only Spirit and Allegiant Travel (NASDAQ:ALGT[3]) charge for carry-on bags.
That’s not the only luggage fee that Spirit is raising. Here are others:
- Carry-on paid at booking: $35, up from $30
- Carry-on paid at check-in: $50, up from $40
- Checked bag paid at booking: $30, up from $28
- Checked bag paid at check-in: $45, up from $38
Other outrageous airlines stories from InvestorPlace.com:
- Ranking: The Airlines Cashing in Most on Baggage Fees[4]
- Want to Sit Near Family? Airlines May Charge You More[5]
- Airline Satisfaction Doesn’t Take Off in 2012[6]
Endnotes:
- SAVE: http://studio-5.financialcontent.com/investplace/quote?Symbol=SAVE
- reports the Detroit Free Press: http://www.freep.com/article/20121001/FEATURES07/121001069/spirit-carryon-charging-gate?odyssey=nav%7Chead
- ALGT: http://studio-5.financialcontent.com/investplace/quote?Symbol=ALGT
- Ranking: The Airlines Cashing in Most on Baggage Fees: https://investorplace.com/2012/09/airlines-cash-in-on-baggage-fees/
- Want to Sit Near Family? Airlines May Charge You More: https://investorplace.com/2012/05/want-to-sit-near-family-airlines-may-charge-you-more/
- Airline Satisfaction Doesn’t Take Off in 2012: https://investorplace.com/2012/06/airline-satisfaction-doesnt-take-off-in-2012/
Source URL: https://investorplace.com/2012/10/spirit-airlines-new-stratospheric-bag-fees/