Airlines tack on 'peak travel' fees
A family of four could pay up to $240 more for a round-trip flight this summer.
Hardly a surprise, isn't it? Not after the fee to check a bag, the fee to carry on a bag, the fee for a blanket and pillow and the fee for a can of soda. (One airline is even considering a lavatory fee.)
Now, some of the largest airlines are tacking on a peak travel surcharge of as much as $30 a flight this summer. This charge itself isn't new, but the number of days it's being applied to this year has drastically increased.
In 2009, for example, peak travel fees were in place for only about 15 days at the end of the year, reports The Los Angeles Times. But this year, the fee applies to 74 of the 98 days from Memorial Day to Labor Day.
The data comes from a fare analysis by website farecompare.com for USA Today. Post continues after video:
"For a family of four, the extra charges could add up to $240 to the cost of a round trip this summer vacation season," USA Today reports.
Some airlines are passing on the peak travel fee. SouthwestAirlines(LUV), which has turned its fee aversion into an effective marketing tool, said it will not implement a peak travel charge. Neither will Alaska Air (ALK), the Times reports.
But expect those travel fees to pop up at American, Continental(CAL), Delta (DAL), United (UAUA) and US Airways (LCC).
The travel surcharge will range from $10 to $30 for a one-way flight, depending on which day of the week you fly. Usually, the $10 charge applies on Tuesdays and Wednesdays, and the $30 charge shows up on Sundays -- the busiest travel days.
"The airlines are treating the entire summer season like a holiday," the chief executive of FareCompare.com told USA Today.
Copyright © 2013 Microsoft. All rights reserved.
Quotes are real-time for NASDAQ, NYSE and AMEX. See delay times for other exchanges.
Fundamental company data and historical chart data provided by Thomson Reuters (click for restrictions). Real-time quotes provided by BATS Exchange. Real-time index quotes and delayed quotes supplied by Interactive Data Real-Time Services. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by SIX Financial Information.
[BRIEFING.COM] Stocks entered the weekend on a mixed note as the S&P 500 shed 0.1% while the Dow ended with a gain of 0.1%.
The major averages began the day on a lower note as nine of ten sectors saw losses of more than 0.5%.
The consumer staples sector was the lone exception as the group spent the entire day in positive territory thanks to the relative strength of Dow component Procter & Gamble (PG 81.89, +3.19). The second-largest staple stock advanced ... More
More Market News
|There’s a problem getting this information right now. Please try again later.|
LATEST MARKET DISPATCHES
- No more Dispatches; here's where to find market news
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
- Dow falls 59 as late-day gloom kills a rally
- Stocks held back by fiscal-cliff worries
- Stocks suffer worst weekly loss in 5 months
- Dow off 121 as post-election swoon continues
- Dow slumps 313 after Obama's re-election
- Dow jumps 133 as Americans head to the polls
Try as the bears might, they couldn't break US stocks. But investors still face frothy prices and considerable headwinds.