Agents' First Quarter Air Sales Six Percent Ahead of 2011

Solid sales gains are being reported by ARC. The consolidated dollar value of airline tickets sold by U.S.-based travel agencies increased 6.57 percent year-over-year in the first quarter of 2012 compared to the same period in 2011, ARC reports. This is 18 percent over the same period in 2010. January through March 2012 ticket sales totaled $23.3 billion, compared to $21.9 billion in 2011, and $19.8 billion in 2010, ARC says.

Year-to-date passenger segments for the first quarter of 2012 increased slightly by 0.80 percent – at 86.8 million segments, compared to 86.2 million in 2011 – while reflecting a -0.87 percent decrease over the same period in 2010, ARC said.

Ticket transactions for January through March 2012 were up, at 1 percent compared to the same period in 2011, while up by 0.69 percent over the same period in 2010, ARC said.

Ticket sales results are based on sales data ending March 31, 2012 from 13,914 U.S. retail and corporate travel agencies, satellite ticket printing offices, and online travel agencies. It does not include sales of tickets purchased directly from airlines, ARC notes. Total sales are equal to the total amount paid for a ticket, which includes taxes and fees.

Visit www.arccorp.com.

Read more on:

Suggested Articles:

As international travel resumes in the near future, the need for a resumption of passport processing will grow in importance. Read more here.

Updates to the PPP would include more time to use the loan, more flexibility in how it can be spent and the ability to defer payroll taxes. Read more.

Of the one-third of Americans who traveled over Memorial Day Weekend, many were planned last-minute and opted for road trips near their home.