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November 22 2024 / 08:33 AM
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Airlines Reporting Corporation
Net Sales Increase 94% as passenger trips rise

September 17 - Airlines Reporting Corp. (ARC) released data showing that net sales from ARC-accredited travel agencies nearly doubled month over month, increasing 94% from $387 million in July to $751 million in August 2020.* These results represent a 90% decrease in total dollar volume from August 2019, when sales totaled $7.8 billion.

 

Month over month, August 2020 results show:

• A 19% increase in the total number of passenger trips • U.S. domestic trips up 22% • International trips up 10%

 

While passenger trips are steadily increasing, the sharp increase in August net sales is largely attributable to a few factors, including an increase in international fares paid, which rose from $18 million in July to $169 million in August, slowing refunds and accelerating travel agency sales.

 

The total number of passenger trips settled by ARC in August was down 76% year over year for August, from 24,817,409 to 6,065,463. U.S. domestic trips decreased 72% YOY to 4.4 million, while international trips numbered 1.6 million, an 82% decrease YOY. The average U.S. round-trip ticket price decreased from $483 in August 2019 to $321 in August 2020.

 

Electronic Miscellaneous Document (EMD)** sales decreased YOY by 73% to $1,822,500, while EMD transactions decreased by 70% YOY in August, totaling 35,508. For mroe information, please visit arccorp.com

 

 


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