Does; No Baggage = Fare Discount?

I've only ever heard of additional fees for overweight/oversize or too many bags. We did our entire Italy trip carry-on.
Whether it's carry-on (which doesn't equal no baggage), or in the hold - it's all just weight in a shiny airborne tube. The difference is when you start adding beyond a reasonable amount. For small planes this can make a huge difference too.
So to answer your question - no; no baggage does not equal a discount.

I HAVE seen people who must have taken everything they own on the plane as carry-on. Now that was before the current rules. They are the ones who should be charged extra as they are the ones that delay the takeoff. Personally, if I ran the airline, I'd charge extra for carrying on things. Then I'd dramatically improve checked luggage time. Then again, my airline would probably go bankrupt as I would actually need to hire employees to do all that.

Air Canada does give a discount on its website for no checked luggage - not a lot though. I've done some mock bookings that show a discount.

Thanks Debbie.
I'll look on their web site to see if I can find it.
Rob.

Air Canada gives a discount of about 3-5 not not checking bags, however this isn't so much of a discount as a sneaky way of saying "we charge you to check your bags"

This has been looked at from time to time by many airlines. It has one major problem. If you make it financially beneficial for passengers to use hand luggage only you create a situation where the flight cabin can quite easily become overburdened with hand luggage. This has a negative effect on the weight and balance regulations and also has the very real potential to increase fuel usage. By placing bags in the hold by trained staff you can maximise the fuel economy. A flight cabin that is crammed to the maximum or, worse still, that has an uneven baggage distribution, on average uses more fuel than one where the weight distribution in the hold has been done in compliance with weight distribution guidelines. So it is perfectly possible for a flight, where there is an over use of hand luggage in the cabin, to cost more in fuel than one where the baggage is in the hold. Where an airline finds its fuel costs increasing it always passes those costs on to passengers via ticket pricing.

I guess AC can "afford" to give pax a tiny discount for not checking baggage...after all they tend to have the most expensive fares...So in the end, it makes very little difference, anyway.
(I've never actually heard anyone comment about this discount or if they even know about it or take advantage of it. I actually first heard about it here...)