Passenger Trips Increase Nearly 5 Percent in February Compared to 2017
ARLINGTON, Va. – March 14, 2018 – Airlines Reporting Corp. (ARC) reported today that the consolidated dollar value of airline tickets sold by U.S.-based travel agencies increased 7.7 percent in February as compared to 2017, totaling $8.1 billion vs. $7.5 billion. The number of passenger trips* settled by ARC for U.S. travel agencies also increased 4.6 percent to 23,972,268 compared to 22,917,575 in February 2017.
The average U.S. roundtrip ticket price* for February 2018 was $484, up $26 from January. Average February 2018 ticket prices are down approximately one percent compared to February 2017.
Electronic Miscellaneous Document (EMD)** sales in February 2018 comprised more than $6.5 million, a 4.8 percent decrease compared to February 2017. EMD transactions also decreased seven percent to 112,919 in February 2018 vs. 121,729 in 2017.
More detailed information is available on ARC’s website.
Notes for Editors:
**Electronic Miscellaneous Documents (EMD)
An industry leader in air travel distribution and intelligence, ARC provides channel-agnostic tools and insights to help the global travel community connect, grow and thrive. ARC enables the diverse retailing strategies of its customers by providing flexible settlement solutions, innovative technology and access to the world’s most comprehensive air transaction dataset. In 2018, ARC settled $94.8 billion in transactions between airlines and travel agencies, representing more than 295 million passenger trips. For more information, please visit arccorp.com.