$53 Billion Six-Month Total Exceeds 2023 and 2019 Levels
ARLINGTON, VA – July 18, 2024 – Today, Airlines Reporting Corp. (ARC) announced that U.S.-based travel agency air ticket sales totaled $53 billion from January to June 2024 — the highest total recorded by ARC for a consecutive six-month period.
Through the first half of the year, total results showed:
ARC Ticketing Metric | Total | Year-Over-Year Variance |
Total Sales |
$53 billion |
+1% |
Total Passenger Trips |
149 million |
+5% |
U.S. Domestic Trips |
86.8 million |
+8% |
International Trips |
56.2 million |
+2% |
Average Ticket Price |
$552 |
-1% |
“Travel demand remains strong for both domestic and international trips, with average ticket prices down year over year for the first six months,” said Steve Solomon, chief commercial officer at ARC. “Both corporate and leisure travel spending are experiencing similar growth rates and airlines look to continue this momentum through the end of summer and into the fall.”
June 2024 travel agency air ticket sales totaled $7.6 billion — a 6% decrease year over year. June showed healthy increases in both domestic and international trip counts, with a 5% decrease in average ticket price explaining the year-over-year drop in total dollar sales.
Results for June 2024 showed:
ARC Ticketing Metric | Total | Month-Over-Month Variance | Year-Over-Year Variance |
Total sales | $7.6 billion | -16% | -6% |
Total passenger trips | 22.7 million | -12% | +2% |
U.S. domestic trips | 14.2 million | -12% | +4% |
International trips | 8.5 million | -11% | -2% |
Average ticket price | $526 | -3% |
-5%
|
New Distribution Capability (NDC) transactions continue to comprise a growing percentage or ARC’s monthly transaction volume. In June 2024, 21.5% of ARC’s monthly transaction volume came from NDC. More than 1,000 travel agencies processed NDC transactions in June 2024.
More detailed information is available on ARC’s sales statistics page.
Notes:
*Ticket Sales
ABOUT ARC
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.
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Contact
Ryan Lynch
703-341-1064
Media@arccorp.com