11 sources·Business

Senate Subcommittee Questions Airlines Over Seat Assignment Fees During Thanksgiving Travel Surge

A Senate subcommittee criticized U.S. airlines for profiting from high fees amidst a record Thanksgiving travel rush, totaling $12.4 billion since 2018.

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Updated: Nov 26th, 2024, 2:18 PM ET

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A Senate subcommittee has raised concerns over U.S. airlines profiting from $12.4 billion in seat assignment fees from 2018 to 2023. With Thanksgiving travel projected to see close to 80 million travelers, airlines have increased fares and reduced capacity, exacerbating consumer costs. Senators are set to conduct hearings with airline executives to discuss excessive fees amidst allegations of potential federal tax law violations. Meanwhile, the TSA anticipates screening 18.3 million passengers, amidst complications from weather and labor strikes at airports.

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