Ancillary Revenue

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Ancillary Revenue

Revenue that a company derives from anything other than its main business. To give a very basic example, a liquor store may receive ancillary revenue from the sale of cigarette lighters and magazines at the cash register. Most companies have ancillary revenue of one kind or another; at times it may become the main revenue source. For example, a pool hall may find itself making more from selling beer than from renting pool tables.
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Cargo revenues grew by a faster 29.2 percent to P4.60 billion, while ancillary revenues rose by 14.9 percent to P13.49 billion.
The sources said that there are five areas under which Airlines are working to garnering more ancillary revenues. These include higher charges on flight cancellation, trip rescheduling, onboard meals, baggage fees and cargo charges or additional baggage charges.
Total ancillary revenue growth: For the fourth quarter and full year 2018, total ancillary revenues increased 42.4% and 26.0% year over year, respectively.
Pichler added that RJ continued to enhance its digital capabilities, effecting 27% more online sales, of a JD77.8 million value, and obtaining 29% more ancillary revenues, or JD18.6 million.
The resulting 4.8% increase in RevPAR was supported by a 0.9% increase in ancillary revenues, which contributed to a 4.0% increase in TRevPAR to EUR302.63.
M2 EQUITYBITES-August 22, 2019-JetBlue opens new center in Fort Lauderdale to expand ancillary revenues
Travel Business Review-August 22, 2019-JetBlue opens new center in Fort Lauderdale to expand ancillary revenues
Ancillary revenues similarly increased by 22.7 percent to P4.1 billion from P3.31 billion, attributable to the increase in average ancillary revenue per passenger by 13.1 percent from pricing adjustments and increased volume of certain ancillary products and services.
Irish budget airline Ryanair (Dublin:RYA) (LSE:RYA) announced today that it plans to install vending machines on its 225 aircraft in an attempt to decrease costs and increase ancillary revenues.
This was achieved on a 48% increase in departures together with an improvement in load factor and higher ancillary revenues.
Depending on the development of ancillary revenues, the airline may increase the proportion of seats given away from 25% last year to 50-100%, the CEO said.
The low-cost Irish carrier Ryanair has announced that the company has earned over Au900million through baggage fees and other add-on charges, which the airline describes as ancillary revenues, in previous year.