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ARC Reports 16.7 Drop In Air SalesSeptember 10, 2009 By: George Dooley Travel Agent
The Airlines Reporting Corporation (ARC) reported drop of total sales in August to $5.1 billion, or 16.7 percent. Year to date sales were $44.5 for a 23 percent decline over the same period in 2008. Total transactions hit 10,895,148, dropping 1.7 percent for August, while total taxes and fees were $716,341,112, registering a decline of 15.3 percent.
Domestic fares were $2.4 billion, showing a 15.6 percent decline and $20.3 billion YTD, for a 22.63 percent drop. International fares hit $1.9 billion, with a decline of 18.5 percent, while YTD the figure is $17.2 billion for a 26.5 percent drop.
ARC said 182 carriers reported. Retail locations totaled 16,434, while STP (satellite) locations totaled 1,037. VTC locations totaled 810. Average daily sales (calendar month) were $9,106.