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Increased
Passenger Trips in 2017
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Spur
3.4 Percent Sales Increase
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ARC EMD Processing
for Ancillaries Increased 58 Percent
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Arlington,
VA – January 2018 / Newsmaker Alert / The
Airlines
Reporting Corp. (ARC) reports that the consolidated dollar value of
airline tickets sold by U.S.-based travel agencies increased 3.4 percent*
in 2017 compared to 2016, totaling $88.5 billion vs. $85.6 billion. December
2017 ticket sales were up nearly one percent at $5.4 billion compared to
$5.3 billion in December 2016.
The
sales increase can be partly attributed to the decrease in the average
ticket price, increase in passenger trips and strong economic conditions
throughout 2017. Overall, in 2017 the average price to fly a domestic roundtrip
itinerary dropped about one percent to $483 compared to 2016, continuing
the trend of decreasing average ticket prices since 2015. The number of
passenger trips settled by ARC for U.S. travel agencies also increased
3.5 percent to 268,906,109, up from 259,717,133 in 2016.
Electronic
Miscellaneous Document (EMD)**
sales and transactions also continue to increase over time. EMD sales comprised
nearly $77 million of the year-to-date sales vs. $50 million in 2016. EMD
transactions increased 58 percent to 1.3 million in 2017 vs. about 825,250
in 2016.
More
detailed information is available on ARC’s
website.
About
ARC
The
Airlines Reporting Corporation (ARC) is the premier driver of air travel
intelligence and commerce in the travel industry with leading business
solutions, travel agency accreditation services, process and financial
management tools and high-quality data. In 2017, ARC settled $88.5 billion
worth of airline ticket transactions for more than 7,000 travel agencies
with 12,000 points of sale. Established in 1984, ARC is an ISO 27001 certified
company headquartered in Arlington, Virginia, with offices in Louisville,
Kentucky, Tampa, Florida and San Juan, Puerto Rico. For more information,
please visit www.arccorp.com and
www.twitter.com/ARCtalk.
Notes
for Editors:
*Ticket
Sales
-
Results
are based on monthly sales data ending December 31, 2017, from 12,087 U.S.
retail and corporate travel agency locations, satellite ticket printing
offices and online travel agencies. Results do not include sales of tickets
purchased directly from airlines.
-
Average
ticket price (in USD) for a roundtrip ticket settled through ARC for an
itinerary that included only U.S. domestic travel.
-
Passenger
trips include the total number of passengers taking a trip from one airport
to another using either direct or connecting flights. Newly issued trips
are added and refunded trips are deducted to provide a net view of traveling
passengers.
-
Total
sales are equal to the total amount paid for a ticket, which includes taxes
and fees.
**Electronic
Miscellaneous Documents (EMD)
-
Includes
fees for products and services such as upgraded seats, checked luggage,
an unaccompanied minor, pet-in-cabin, etc.
Media
Contact:
ARC
Hillary
Smith
703-341-1207
©2017
Airlines Reporting Corporation (ARC). All rights reserved. |