Airlines are raking in big bucks from baggage fees. NEW YORK (CNNMoney)
All together the 27 U.S. airlines took in a total of $960 million from baggage fees last quarter, according to data released by the Department of Transportation Monday.
That's an increase of almost 9% from a year ago.
The baggage fees are still just a fraction of airlines' revenue. Actual ticket fares brought in $34 billion for the same 27 companies in the quarter.
And the collection from baggage fees alone don't cover the cost of fuel, which totaled about $11 billion over three months, or labor costs, which amounted to more than $10 billion.
Even JetBlue (JBLU), one of the last holdouts, announced last month that it will start charging baggage fees as part of a cost savings plan.
First Published: December 15, 2014: 7:49 PM ET
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