Cision PR Newswire
U.S. Travel Agency Air Ticket Sales Top $8.1 Billion in October 2024
International Passenger Trips Drive Year-over-Year Sales Increases
ARLINGTON, Va., Nov. 21, 2024 /PRNewswire/ -- Today, Airlines Reporting Corp. (ARC) announced that October 2024 U.S. travel agency air ticket sales totaled $8.1 billion — a 12% increase from October 2023. October's total passenger trips reached 23.7 million, indicating a 9% year-over-year increase. The average ticket price remained steady at $557.
Metrics from October 2024 show:
ARC Ticketing Metric | Total | Month-Over- | Year-Over-Year |
Total Sales | $8.1 billion | +1 % | +12 % |
Total Passenger Trips | 23.7 million | 0 % | +9 % |
U.S. Domestic Trips | 15.5 million | +1 % | +9 % |
International Trips | 8.2 million | -2 % | +10 % |
Average Ticket Price | $557 | +2 % | 0 % |
"October's air travel data showed a strong start to the fourth quarter," said Steve Solomon, chief commercial officer at ARC. "Increased sales were driven largely by a strong dollar and the yearly increase in international passenger trips is a positive trend of what we expect to continue through the end of the calendar year."
In October 2024, ARC's monthly New Distribution Capability (NDC) transactions reached 19.1% — a 14.4% increase year-over-year. A total of 822 travel agencies reported NDC transactions during the month.
More detailed information is available on ARC's sales statistics page.
About ARC
ARC's data platform is the intelligence behind air travel, connecting the industry ecosystem and powering commercial decisions for airlines and our partners. We manage the world's most comprehensive airline ticketing dataset, comprised of over 12 billion annual passenger flights operated by more than 480 airlines in over 235 countries. ARC's trusted reporting and settlement services process more than $95 billion in U.S.-based agency air sales annually. ARC leads industry collaboration between airlines, agencies, corporate buyers and other partners to enable a thriving air travel retailing ecosystem. For more information, visit arccorp.com.
Contact:
Ryan Lynch
media@arccorp.com
Notes:
*Ticket Sales
- Results are based on monthly sales data ending October 31, 2024, from 10,380 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.
© Airlines Reporting Corporation (ARC). All rights reserved.
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SOURCE Airlines Reporting Corporation (ARC)
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