|By PR Newswire||
|September 14, 2012 05:40 PM EDT||
ARLINGTON, Va., Sept. 14, 2012 /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 4.85 percent* year-over-year in the first eight months of 2012 compared to the same period in 2011, and 11.6 percent over the same period in 2010. From January through August 2012, ticket sales totalled $60 billion, compared to $57.2 billion in 2011, and $53.8 billion in 2010.
Year-to-date passenger segments for the first eight months of 2012 increased slightly by 0.24 percent – at 253.9 million segments, compared to 253.3 million in 2011 – while reflecting a 2.28 percent decrease from the same period in 2010. Ticket transactions between January and August 2012 also increased somewhat by 0.22 percent over the same period in 2011, while down by 1.65 percent compared to the same period in 2010.
More detailed information is available at https://www.arccorp.com/news/stat/2012-08.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 and analytics. Nearly 16,000 travel agencies and 190 airlines use ARC's settlement services, which in 2011 totaled more than $82 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:
- Results based on sales data ending August 31, 2012 from 14,259 U.S. retail and corporate travel agencies, satellite ticket printing offices, and online travel agencies.
- Does not include sales of tickets purchased directly from airlines.
- Total sales are equal to the total amount paid for a ticket, which includes taxes and fees.
©2012 Airlines Reporting Corporation (ARC). All rights reserved.