Travel Agency Air Ticket Sales Total $8.3 Billion in February 2019
ARLINGTON, Va.--(BUSINESS WIRE)--Mar 18, 2019--Airlines Reporting Corp. (ARC) announced today that the consolidated dollar value of airline tickets sold in February 2019 by U.S.-based travel agencies increased 2.8 percent as compared to February 2018, totaling nearly $8.3 billion vs. $8.1 billion.* The average U.S. round-trip ticket price was $486, the same price as February 2018.
The total number of passenger trips settled by ARC for U.S. travel agencies increased 2.1 percent to 25,868,721 compared to 25,349,272 in February 2018. U.S. domestic trips increased 0.3 percent while international passenger trips grew nearly 5 percent.
Electronic Miscellaneous Document (EMD) ** sales in February 2019 totaled $6.4 million, about a 2 percent decrease compared to the same period in 2018. EMD transactions also decreased by 13 percent year-over-year.
More detailed information is available on ARC’s website.
An industry leader in air travel distribution and intelligence, ARC settled $94.8 billion in ticket transactions in 2018 between airlines and travel agencies, representing more than 295 million passenger trips. ARC provides flexible distribution solutions, innovative technology and access to the world’s most comprehensive air ticket transaction data, helping the global air travel community connect, grow and thrive. For more information, please visit www.arccorp.com.
Notes for Editors:
- Results are based on monthly sales data ending February 28, 2019, from 12,089 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 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 either 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 of 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.
**Electronic Miscellaneous Documents (EMD)
- Includes fees for products and services such as upgraded seats, checked luggage, an unaccompanied minor, pet-in-cabin, etc.
©2019 Airlines Reporting Corporation (ARC). All rights reserved.
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CONTACT: Hillary Smith
KEYWORD: UNITED STATES NORTH AMERICA DISTRICT OF COLUMBIA VIRGINIA
INDUSTRY KEYWORD: TRANSPORT AIR TRAVEL TRANSPORTATION
SOURCE: Airlines Reporting Corp. (ARC)
Copyright Business Wire 2019.
PUB: 03/18/2019 10:15 AM/DISC: 03/18/2019 10:15 AM