7.5 billion last year. now another 10% this year. more and more fees collected and when the introduce this dynamic pricing thing on a broader scale you ll see even higher fees. this is for early boarding, seat upgrades, checked bags. if you want to get on a plane and sit there quiet, real small, real small, and just fly from one place to another with nothing in your hands you can do so cheaply. otherwise not so. exactly right. what i was curious about with talk about this dynamic pricing. dynamic pricing. so dynamic. in favor of the airlines. sounds like a lunch word. if your fare goes up and downed with demand but not your bag fee. doesn t cost them anymore to put the bag on the plane just because there s more people flying. more blood another of the turnip. what about the jet fuel costs. they re down. $8 billion since june. do you think we re going to get money back? i actually think that the price of the airline tickets well will go down now because of
spectacle that i possibly can. i should point out these aircraft, it s at least last year were at record capacity, that of the planes in the air, they were more than 83% filled. so the airlines are just trying to figure out a way to squeeze every last dollar out of those passengers. one other way is to reduce the weight of the plane. that cuts down on jet fuel costs. jenna: they re looking to lighten the seats a little bit. we didn t even get to lightening the passengers. people are having a tough time getting squeezed into seats right now. jenna: it is not comfortable and knowing that the planes are at capacity is only further fact that the planes really are as crowded as we think they are. thank you. you re welcome. good to see you. just don t take out the lavatories. bio fuels are supposed to be better for the environment but turns out, according to one study, that may not be the case
. neil: company known for quick ship said the global economy so the fast track for a couple of the times. fed ex is lowering their out put for the year and sandra smith says it s not a good sign. and not if anybody is willing to buck up. the earnings could slide for 6% of the year as weakening global economies are shipping toward slower shipping options. the global shipping giant and mobile manufacturing are moving by sea as pressure on their selling prices make the cost of air freight harder to bear. fred smith saying higher energy costs are also to blame as oil provides hover around hundred dollars a barrel. jet fuel costs are skyrocketing. in all, they think a typical
folks up to $100 for carry on bags at the gate good they do not prepay online. and gerri from the fox business network is back. whichallys are making the most from the fees in gerri: delta is making $864 million. american, $594 million. u.s. say up there, and people are fighting back, they are putting everything in the 22 bags so spirit airlines is getting back at them and they have raised $134 million in fees. so the money keeps on keeping on. shepard: do we expect the fees to go up? down? what? i am betting up. gerri: i am betting up. the new spirit airlines fee of $100 for a carry on you fail to pay for in advance starts tag that and the bet way to figure it out look at jet fuel costs, that is up, and delta and jetblue and american are expected to raise fees on second checked bags for national flights coming this fall, so expect to see that here, as
pay off not only in fuel savings but in time savings, too. greg gregg that s great. i mean, the things that pop out are, a, faster air time, we all want that, b, if you got lower jet fuel costs, then that lowers arguably the price of the taict, i of the ticket i have to pay and c, if it s a smoother ride, i ll take that any day of the week. so this is realistic, right? oh, absolutely. and for people who have stress about flying, most of the time, planes will come down, they ll descend, they ll level off, descend and level off. what this can do is then just allow an airline to do a whole nice constant descent all the way down to landing and it s going to mean it s a lot more comfortable for passengers in that respect. gregg: i won t spill my coca cola all over my pants, as i always do. what about airports do they have to be upgraded or are they retrofitted, too? the only thing they have to do for the airports is put together the approach procedures and each individual airport will