For those of you who have had friends, family members, or business colleagues held up by the recent Icelandic volcano ash, you may wonder what the outcomes might mean to your wallet.

Well, just recall recent history that the airlines are the Volcano and we are Joe.   When gas prices got high the airlines decides to start imposing all sorts of additional fees most of all the baggage fees.  These fees started out for extra baggage until the airline companies realize that they could just start charging normal customers baggage fees just for checking in a bag (not Southwest!).   I guess we all thought when gas prices went away, we would see those fees go away.   No way, not when they add the bottom line of the airline companies.

Now, with recent massive cancellations and delays from the volcano ash spreading over Europe, I suspect that you will see part two playing at a theater near you soon so the airline companies can continue to make up their lost revenue.  I’m not really sure where they can come up with more clever fees that can stick over time, but I’m thinking just to add a $10 surcharges for headphones on every international flight.  People will complain at first and then just roll with the punches.

I guess every time prices change on a commodity or there is a catastrophic event, we will just end up paying more as consumer.   I guess I’ll just stick to just a baking soda and vinegar cocktail on my next flight.

Related Articles – My Mom knows Car Rentals!, The Top 10 Travel Websites, 150 Free American Airlines Miles, Have you lost your baggage traveling? Unclaimed Baggage Center, True Latitudes – Personal Travel Planner

oXYGen Financial, Inc. co-CEO Ted Jenkin  is one of the foremost knowledgeable professionals in giving financial advice to the X and Y Generation.  Unless otherwise noted by source, the opinions of this article are those of the author.

Ted Jenkin, CFP®, AAMS®, AWMA®, CRPC®, CMFC®, CRPS®

Co-CEO and Founder oXYGen Financial, Inc.

Request a FREE consultation: www.oxygenfinancial.net

TED JENKIN IS SECURITIES LICENSED THROUGH INVESTACORP, INC. A REGISTERED BROKER/DEALER MEMBER FINRA, SIPC.  ADVISORY SERVICES OFFERED THROUGH INVESTACORP ADVISORY SERVICES, INC. A SEC REGISTERED INVESTMENT ADVISORY FIRM. Linked sites are strictly provided as a courtesy. Investacorp, Inc., and its affiliates, do not guarantee, approve nor endorse the information or products available at these sites nor do links indicate any association with or endorsement of the linked sites by Investacorp, Inc. and its affiliates.