Ticket Transactions Rise 5.6 Percent in Same Period vs. 2015
ARLINGTON, Va. – June 15, 2016 - Airlines Reporting Corp. (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 decreased by 4 percent* in the first five months of 2016 as compared to 2015, totaling $38.8 billion vs. $40.4 billion. May 2016 ticket sales were down 3 percent to $7.8 billion against the same month last year. Ticket transactions increased 5.6 percent to 72 million in 2016 vs. 2015, pointing to the overall effect of lower airfares.
Electronic Miscellaneous Document (EMD)** sales comprised $14.8 million of the year-to-date sales vs. $5.2 million in 2015, and $3.3 million of the May 2016 sales as compared to $1.1 million in May 2015. EMD transactions increased 341 percent to 196,161 so far in 2016 vs. 44,440 in 2015.
More detailed information is available at https://www.arccorp.com/data.jsp.
An industry leader in air travel distribution and intelligence, ARC settled $88.5 billion in ticket transactions in 2017 between airlines and travel agencies, representing more than 287 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.