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Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 

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Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 

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Meet a 21-year-old community college student who's going to China as the first American woman welder in the trades Olympics

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The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
RetailAirports

Why your next airline ticket could be more expensive

By
Ben Geier
Ben Geier
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By
Ben Geier
Ben Geier
Down Arrow Button Icon
March 19, 2015, 2:35 PM ET
Exploring Chicago's O'Hare Airport
CHICAGO, IL - MARCH 27: Travelers move through a colorful public art intallation in Terminal 1 at O'Hare International Airport entitled "Sky's The Limit" by Michael Hayden on March 27, 2013, in Chicago, Illinois. Often called the "neon light tunnel," the mercury vapor lighting is designed around a moving walkway connecting United Airline's concourse B and C. (Photo by George Rose/Getty Images)Photograph by George Rose—Getty Images

Some of the nation’s airports are hoping to convince Congress to raise ticket fees from $4.50 to $8.50, CNN reports. If they’re successful, it would mark the first fee increase since 2000, with the increase likely being passed on to travelers.

This, of course, is in addition to the fees air travelers already pay: ticket fees, upgrades for extra legroom, on-board snacks and TSA fees.

From CNN:

The additional funds would help pay for things like better terminals and new runways, according to airport executives.

Airport executives say the federal government isn’t filling the gap between what airports need to build and the funds available to do it.

Construction costs have jumped, according to American Association of Airport Executives President and CEO Todd Hauptli. “Airports can buy roughly half of what they did 15 years ago with that amount,” he said.

Others, however, disagree. A spokesperson for aviation trade group Airlines for America told CNN that an increase in airport fees would essentially be a tax hike, arguing that airports already make enough revenue.

The news comes as airline profits are expected to rise 26% to $25 billion this year thanks to the falling price of oil and other factors.

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By Ben Geier
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