U.S. Senate Subcommittee members criticized airline executives for imposing junk fees on customers during a hearing Wednesday. Airlines defended fees as providing consumer choice, though lawmakers decried unclear pricing and enforcement. Senators criticized airline executives for the lack of transparency in fee pricing, which they said complicates consumer trip budgeting. Airlines raised over $7 billion in baggage fees and $12 billion in seat fees during five years.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02The U.S. Senate subcommittee members criticized airline executives for imposing junk fees
00:07on customers during a hearing Wednesday.
00:10Airlines defended the fees as providing customer choice, though lawmakers say that these are
00:14unclear prices.
00:16Airlines raised over $7 billion in baggage fees and $12 billion in seat fees during the
00:20five years.
00:21For all things money, visit Benzinga.com slash GSTV.