Information contained on this page is provided by companies via press release distributed through PR Newswire, an independent third-party content provider. PR Newswire, WorldNow and this Station make no warranties or representations in connection therewith.
Ticket Transactions Drop 1 Percent During Same Year-Over-Year Period
ARLINGTON, Va., March 19, 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 0.20 percent* year-over-year in the first two months of 2013 compared to the same period last year, totaling $15 billion vs. $14.9 billion in 2012.
Ticket transactions so far for 2013 decreased 1.05 percent over the same period in 2012 to 25.5 million. Year-to-date passenger segments were essentially flat, decreasing 0.7 percent to 53.8 million compared to 54.5 million in 2012.
More detailed information is available at https://www.arccorp.com/news/stat/2013-02.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.