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Arlington,
VA – April 2024 / NewsmakerAlert: Airlines
Reporting Corp. (ARC) has released data showing March air ticket sales
totaled $9.4 billion for U.S. travel agencies|—|a
3% decrease from March 2023. For the first quarter of 2024, total sales
and passenger trips were higher than the first quarter of 2023 by 3% and
5%, respectively.
Results
for March 2024 showed:
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“Despite
March’s slight decrease in year-over-year sales totals, airlines and U.S.
travel agencies experienced a positive first quarter in 2024,” said Steve
Solomon, chief commercial officer at ARC. “U.S. domestic travel demand
powered much of this growth. With the summer travel season nearing, the
strong dollar is helping drive demand to international destinations by
U.S.-based travelers.”
March
ancillary sales increased 21% year over year to $32 million, while ancillary
transactions increased 43% to 534,211 over the same period.**
More
detailed information is available on ARC’s
sales statistics page.
About
ARC
ARC
accelerates the growth of global air travel by delivering forward-looking
travel data, flexible distribution services and other innovative industry
solutions. We are a leading travel intelligence company that possesses
the world’s largest, most comprehensive global airline ticket dataset,
including more than 15 billion passenger flights representing 490 airlines
and 230 countries and territories. Our solutions and expertise strengthen
economies and enrich lives by connecting stakeholders across the travel
ecosystem. For more information, visit arccorp.com.
Notes:
*Ticket
Sales
-
Results
are based on monthly sales data ending March 31, 2024, from 10,325 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.
-
The average
ticket price (USD) is for a round-trip 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 direct or connecting flights. Newly issued trips are added,
and refunded trips are deducted to provide a net view of traveling passengers.
-
U.S. domestic
passenger trips include the total number settled through ARC where the
itinerary is wholly within the U.S. International passenger trips include
the total number settled through ARC where some or all the travel occurs
to airports outside the U.S. or originates outside the U.S.
-
Total
sales are equal to the total amount paid for a ticket, which includes taxes
and fees.
**Ancillary
sales
-
Includes
fees for products and services such as upgraded seats, checked bags, an
unaccompanied minor, pet-in-cabin, etc.
Media
Contact:
Randy
Spoon
Content and Media Relations
Manager
703-816-5119
LinkedIn
ARC
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Airlines Reporting Corporation (ARC). All rights reserved. |