Ancillary revenues to jump to over 12% of worldwide airline revenues this year and next
Airlines around the world of all shapes and sizes are busy mining the potential of ancillary revenue sources. That is because the lifeblood of the airline industry - ticket sales - are weak and yields are depressed and the outlook for a recovery is not especially promising. IATA this week estimated that USD80 billion in revenues would vanish from global airline industry coffers this year, falling to USD455 billion, or 15% lower than 2008 levels. But a little reported feature in IATA's forecast is the expectation that "other revenue" (ie non passenger/cargo) would grow by almost 6% this year to around USD56 billion worldwide.
Become a CAPA Member to access Analysis Reports
Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.
Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.
CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 1,000 News Briefs every week and comprehensive data and analysis on thousands of companies around the world.