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The total revenue airlines receive from “‘extras'” such as baggage charges, in-flight meals and car hire is expected to rise by 44 per cent this year.

A study by Amadeus, a travel technology provider, predicted that “‘ancillary’” revenue for airlines around the world will total more than £20 billion in 2011, up from just over £14 billion last year, and less than £10 billion in 2009.

source: Telegraph.co.uk

The private equity firms Axa and Permira are buying the online travel agent Opodo for €500m (£424m) from the Spanish travel reservations group Amadeus.

Following the acquisition, Axa and Permira plan to merge Opodo with their two rival online travel firms, the French Go Voyages and Spain’s eDream.

Opodo, which was set up in 2001 by a consortium of European airlines including British Airways, Air France, KLM and Iberia, is based in the UK and operates websites across Europe.

source: independent.co.uk