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ARC Reports Air Sales DeclineApril 11, 2008 By: George Dooley
The Airline Reporting Corporation (ARC) reported sales of $7.5 billion for March 2008, an almost two percent decrease compared to March 2007. Total transactions also declined nine percent to 13,828,713 from the same time last year and ARC reports a 3.4 percent decline in total transactions year to date. It offered no explanation for the declines.
Domestic fares declined 4.4 percent to $3.3 billion from 2007, as did domestic transactions by 10.2 percent. Total fares reported for March—both domestic and international—declined 2.7 percent from 2007; however, international fares increased 8.1 percent and domestic fares were up 0.5 percent year to date. Visit www.arccorp.com.