ARC Reports Average Ticket Prices Remain Steady Year-Over-Year
ARLINGTON, Va. – March 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.
About ARC:
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.