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ARC Reports Air Sales Continue DeclineJuly 9, 2009 By: George Dooley
The Airlines Reporting Corporation (ARC) reported $5.7 billion total sales for June, a 20.3 percent decline while year-to-date the total was $33.7 billion, a 24.8 percent drop. Both domestic and international fares declined 19.3 percent and 23.4 percent, respectively, for the month. Year-to-date domestic fares dropped 24.9 percent and international fares fell 28.5 percent.
ARC reported a modest gain in credit card transactions for June (1.7 percent), but a 8.6 percent decline year-to-date. Credit card sales were down 17.9 percent for the month and 23 percent year-to-date. Total taxes and fees also declined as did domestic and international transactions. ARC said 172 carriers reported as did 16,606 retail locations, 1,068 satellite (STP) locations, and 714 VTC locations. Average daily sales for the calendar month were $10,383.