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:

Other outrageous airlines stories from InvestorPlace.com:

Endnotes:
  1. SAVE: http://studio-5.financialcontent.com/investplace/quote?Symbol=SAVE
  2. reports the Detroit Free Press: http://www.freep.com/article/20121001/FEATURES07/121001069/spirit-carryon-charging-gate?odyssey=nav|head
  3. ALGT: http://studio-5.financialcontent.com/investplace/quote?Symbol=ALGT
  4. Ranking: The Airlines Cashing in Most on Baggage Fees: http://investorplace.com/2012/09/airlines-cash-in-on-baggage-fees/
  5. Want to Sit Near Family? Airlines May Charge You More: http://investorplace.com/2012/05/want-to-sit-near-family-airlines-may-charge-you-more/
  6. Airline Satisfaction Doesn’t Take Off in 2012: http://investorplace.com/2012/06/airline-satisfaction-doesnt-take-off-in-2012/

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