Topic of the Week: Should Additional Fee Disclosure be Required by DOT?

I’ve been following this one closely, but I haven’t written about it yet. The Department of Transportation (DOT) is trying to require additional reporting requirements for fees. As you may know, DOT requires airlines to report limited financial data publicly, even if the companies are private. As part of that, some limited fee info has to be broken out, like change fees and bag fees. But now the DOT wants to require much broader reporting that will include everything from blankets to drinks, all broken out separately.

Does the government have any business requiring such detailed disclosure? What really is the purpose of it? Chime in below.

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