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U.S.
Travel Agencies Close 2015 with
$88.3
Billion in Air Ticket Sales, Down 1.5 Percent 2015 vs. 2014
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One-Off Analyses
Will Benchmark Market-Level Key Performance Metrics
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Arlington,
VA – January 2016 / Newsmaker Alert / Airlines
Reporting Corporation (ARC), the financial settlement link between
airlines and travel sellers, reports that the consolidated dollar value
of airline tickets sold by U.S.-based travel agencies decreased 1.5 percent*
year-over-year in 2015, compared to 2014, totaling $88.3 billion vs. $89.6
billion. December 2015 ticket sales decreased 3.9 percent to $5.3 billion
against the same month last year.
Ticket
transactions increased 6.2 percent in 2015 vs. 2014 to 155 million. The
increase of transactions coupled with lower dollar sales last year compared
to 2014 was a general indication of lower average ticket prices throughout
2015.
Electronic
Miscellaneous Document (EMD) sales comprised $19.5 million of the total
sales in 2015 vs. $3.8 million in 2014 and $2.9 million of the December
2015 sales compared to $814,556 in December 2014. EMD transactions increased
to 236,059 in 2015 versus 54,442 in 2014.
More
detailed information is available at www.arccorp.com/data.jsp.
About
ARC
ARC
powers the U.S.-based travel industry with premier business solutions,
travel agency accreditation services, process and financial management
tools, and powerful data analytics. In 2015, ARC settled $88.3 billion
worth of carrier ticket transactions for more than 9,400 travel agencies
with 13,000 points of sale. By providing world-class business services
and products, ARC enables participating agencies and over 200 carriers
to focus on what’s important—increasing their revenue. Established in 1984,
ARC is headquartered in Arlington, Virginia. For more information, please
visit www.arccorp.com.
Notes
for Editors:
*Ticket
Sales
-
Results
based on monthly sales data ending December 31, 2015, from 12,977 U.S.
retail and corporate travel agency locations, satellite ticket printing
offices and online travel agencies.
-
Results
do not include sales of tickets purchased directly from airlines.
-
Total
sales are equal to the total amount paid for a ticket, which includes taxes
and fees.
-
EMDs include
fees for products and services such as upgraded seats, checked luggage,
an unaccompanied minor, pet-in-cabin, etc.
Contact:
Airlines
Reporting Corporation
Katie
Murrin
Corporate
Communications
703-341-1004
©2016
Airlines Reporting Corporation (ARC). All rights reserved. |