Why you have to pay a fortune to get a decent seat on a plane

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Airline consumers are spending tons of money on additional fees for things such as seat selection, checked bags, and meals.

This is because of a relatively new airline business model where services are "unbundled" from the ticket and sold a la carte.

Airlines were driven to use unbundling techniques after a variety of changing economic factors affected the industry.

Have you ever noticed how we're bombarded with fees when buying an airline ticket?

It seems like there's a charge for everything, whether it's checking a bag, choosing a seat, ordering a meal, or using overhead space. A ticket can cost one price and then there are a number of other additional fees after that.See the rest of the story at Business InsiderNOW WATCH: The man that won the Nobel Prize in economics for contract theory shares his thoughts on smart contractsSee Also:These are some of the most expensive items you get when you fly first classTesla's US website resumes Model 3 orders after briefly not workingWe tried Tesla's, Cadillac's, and Mercedes' semi-autonomous driving systems and the winner is clearSEE ALSO: RANKED: The 13 best airlines in the world in 2018

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