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Top related persons:
— - 2 Elliott - 1 Southwest Airlines Elliott - 1 Henry Harteveldt - 1 Richard Aboulafia - 1 Robert Jordan - 1 CCO Ryan Green - 1 Scott Olson - 1
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IdeaWorksCompany Las Vegas Hawaii Southwest Canada Europe Asia Washington
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Service - 2 Business - 2 Investment Management - 1 Southwest Airlines - 1 Southwest - 1 Atmosphere Research - 1 CNBC - 1 Elliott Investment Management - 1

Search resuls for: "IdeaWorksCompany"


3 mentions found


☆ Southwest is under pressure to make big changes to its planes, flights, and bag rules: Here's what they could all look like
  + stars: | 2024-06-18 | by ( Taylor Rains | ) www.businessinsider.com   time to read: +7 min
AdvertisementSouthwest is introducing new economy seats next year, adding tablet holders and power. Southwest could charge for bags — one of its biggest free perksElliott's proposal called attention to one of Southwest's most visible perks: two free checked bags. Scott Olson/Getty ImagesThere is a way for both sides to win, according to Harteveldt: Give free checked bags to Southwest credit card holders. American, Delta, and United offer complimentary checked bags as credit card perks. The additional flights can give travelers more flexibility and give Southwest more seats to sell on a route.
Persons: —, Elliott, Southwest Airlines Elliott, Henry Harteveldt, Richard Aboulafia, Robert Jordan, CCO Ryan Green, Scott Olson, Harteveldt, Thomas Pallini, Green, Irfan Khan, Elliot, that's, Jordan, We'll Organizations: Service, Investment Management, Southwest Airlines, Business, Southwest, Atmosphere Research, Reuters, CNBC, Elliott Investment Management, Green, Boeing, The Seattle Times, Los Angeles Times, Getty, American Airlines oneworld, Oneworld Locations: IdeaWorksCompany, Las Vegas, Hawaii, Southwest, Canada, Europe, Asia, Washington
☆ Airlines made $33 billion from baggage fees last year, an analysis of over 120 major airlines estimates
  + stars: | 2024-02-27 | by ( Pete Syme | ) www.businessinsider.com   time to read: +1 min
Baggage fees earned the world's largest airlines an estimated $33.3 billion in 2023. That's up 15% from 2022, according to a report from airline revenue consultancy IdeaWorks. AdvertisementBaggage fees alone were worth an estimated $33.3 billion to airlines last year. IdeaWorks' report analyzes revenue disclosures from around 120 major airlines around the world, before collating a global estimate. This story is available exclusively to Business Insider subscribers.
Persons: —, IdeaWorks Organizations: JetBlue, Service, Business Locations: United, Alaska, IdeaWorksCompany
☆ U.S. airline loyalty programs can provide buffer from possible recession
  + stars: | 2023-04-04 | by ( Rajesh Kumar Singh | ) www.reuters.com   time to read: +3 min
[1/3] A United Airlines Boeing 737-900ER plane takes off from Los Angeles International airport (LAX) in Los Angeles, California, U.S. March 28, 2018. REUTERS/Mike BlakeCHICAGO, April 4 (Reuters) - U.S. airlines relied on loyalty programs for revenue during the pandemic, and industry executives and experts said income from them should hold up if the economy slips into a recession. Non-flying activities now account for more than half of all miles earned in major loyalty programs, noted Evert de Boer, managing partner at consulting firm On Point Loyalty, making airlines more resilient to economic swings. People curtailed flying during the pandemic, but still spent on airline loyalty credit cards, said JetBlue (JBLU.O) vice president Chris Buckner. Airline loyalty programs are also highly profitable.
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