Articles related(60%) to "ancillary revenue challenge"

Ancillary Service Revenues

Ancillary Service Revenues

As global airlines reported ancillary service revenues reaching $109.5 billion in 2023 (IATA), a critical dilemma emerges: Why do 68% of businesses still treat these income streams as afterthoughts? The digital economy's expansion has transformed ancillary revenues from nice-to-have bonuses into survival essentials across industries – but are organizations truly harnessing their full potential?

Ancillary Revenue

Ancillary Revenue

Imagine boarding a flight where every passenger pays a different price for seat selection – sounds chaotic, right? Yet this is precisely the untapped potential of ancillary revenue. With global airlines generating $102.8 billion in ancillary income in 2023 (IATA), why do 73% of carriers still struggle to exceed 15% ancillary contribution to total revenue?

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