The answer is yes, but with a caveat. According to the 2024 SITA Global Baggage Report, the airline industry loses about $2 billion annually due to lost or mishandled luggage. So, lost luggage payouts are certainly happening at a grand scale, no doubt about it-but the individual payouts are sometimes a fraction of the value of the lost items. Per the U.S. Department of Transportation, airlines are liable for up to $4,700 per person for lost luggage on domestic flights
It's every traveler's nightmare: you land, but your suitcase doesn't. Across social media, creators are buying unclaimed luggage and unboxing the contents on camera. Most of the time it's just piles of unwashed clothes, but the chance of uncovering valuables-or simply something bizarre-has fueled a viral trend. In one viral video, a TikTok creator pulled out hair straighteners, Pokémon cards, and an iPad. In another, the haul included a Ziploc bag of an unidentified brown substance and a plug-in air freshener.