First Quarter Total Sales and Passengers
Trips Increased Year Over Year
ARLINGTON, Va., April 18,
2024 /PRNewswire/ -- Today, Airlines Reporting Corp.
(ARC) 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:
ARC Ticketing
Metric
|
Total
|
Month-Over-
Month Variance
|
Year-Over-Year
Variance
|
Total
Sales
|
$9.4 billion
|
+5 %
|
-3 %
|
Total Passenger
Trips
|
25.6 million
|
+5 %
|
-1 %
|
U.S. Domestic
Trips
|
15.8 million
|
+5 %
|
+1 %
|
International
Trips
|
9.8 million
|
+5 %
|
-4 %
|
Average Ticket
Price
|
$571
|
0 %
|
+2 %
|
"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.
Contact:
Randy
Spoon
rspoon@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.
© Airlines Reporting Corporation (ARC). All rights reserved.
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SOURCE Airlines Reporting Corporation (ARC)