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Ticket Transactions Linger at Negative One-Percent in Same Year-Over-Year Period
ARLINGTON, Va., Sept. 16, 2013 /PRNewswire/ -- ARC, the financial settlement link between airlines and travel sellers, reported today that the consolidated dollar value of airline tickets sold by U.S.-based travel agencies increased 0.39 percent* year-over-year in the first eight months of 2013 compared to the same period last year, totaling $60.3 billion vs. $60.1 billion in 2012.
Ticket transactions so far for 2013 decreased 1.19 percent over the same period in 2012 to 99.3 million. Year-to-date passenger segments increased 2.2 percent to 253.9 million compared to 248.4 million in the eight months of 2012 and 253.3 million in 2011.
More detailed information is available at https://www.arccorp.com/news/stat/2013-08.jsp
ARC powers the U.S.-based travel network with premier business solutions, travel agency accreditation services, process and financial management tools, and powerful data analytics. Nearly 14,000 travel agencies and 190 airlines use ARC's settlement services, which in 2012 totaled more than $84 billion. As the industry's gold standard of accreditation, ARC allows participating agencies and carriers to focus on what's important – increasing their revenue. Established in 1984, ARC is headquartered in Arlington, Va. For more information, visit www.arccorp.com.
Notes for Editors:
©2013 Airlines Reporting Corporation (ARC). All rights reserved.
©2012 PR Newswire. All Rights Reserved.