U.S. budget deal will mean higher airline prices

[unhappycamper]

http://www.rawstory.com/rs/2013/12/11/u-s-budget-deal-will-mean-higher-airline-prices/



U.S. budget deal will mean higher airline prices
By Agence France-Presse
Wednesday, December 11, 2013 17:20 EST

The US budget deal reached this week ends billions of dollars in crippling automatic spending cuts, but paying for that would trigger something Americans love to hate: higher air travel fees.

House Republican Paul Ryan and Senate Democrat Patty Murray announced their two-year budget compromise late Tuesday, and already the airline lobby was organizing its opposition and calling on lawmakers to block the legislation.

The deal would more than double the existing so-called “9/11 Aviation Security Fee” from $2.50 per flight segment to $5.60.

Doubling the fees to $5.00 — $10.00 for a return trip — would generate $13 billion over the next decade, according to the Committee for a Responsible Federal Budget.

[LonePirate]

1. That $13B estimate over 10 years based on $2.50 increase per flight seems low

That is only 520M one-way flight passengers a year or 1.425M passengers a day, which seems way low to me.