Average Ticket Price Declines Month over Month for the First Time Since January 2022
ARLINGTON, Va. – July 21, 2022 – Airlines Reporting Corp. (ARC) today released data showing ARC-accredited travel agency air ticket sales totaling $7.9 billion in June 2022, an 87% year-over-year increase from June 2021.* The average U.S. round-trip air travel ticket price was $605 in June 2022, a 33% year-over-year increase and a 4% decrease from the May 2022 average.
Month over month, June 2022 results showed:
“In pre-pandemic years, we typically saw an 8-12% decline in total sales and passenger trips from May to June,” said Steve Solomon, vice president of global customers and data products at ARC. “The smaller month-over-month decline in total sales and passenger trips shows air travel demand remains strong for both domestic and international itineraries.”
Total passenger trips settled by ARC in June 2022 increased 23% year over year from 17.5 million to 21.6 million, led by a 52% year-over-year increase in international trips, which totaled 7.9 million. U.S. domestic trips increased 11% to 13.7 million over the same period.
EMD sales increased 67% year over year to $13,730,386. EMD transactions increased 37% to 233,258 over the same period.**
ARC accelerates the growth of global air travel by delivering forward-looking travel data, flexible distribution services and other innovative industry solutions. We are a leading travel intelligence company that possesses the world’s largest, most comprehensive global airline ticket dataset, including more than 15 billion passenger flights representing 490 airlines and 230 countries and territories. Our solutions and expertise strengthen economies and enrich lives by connecting stakeholders across the travel ecosystem. For more information, visit arccorp.com.