ARC Reports Air Sales Gain

The Airline Reporting Corporation (ARC) reported $7.1 billion in sales for January 2008, a 6.2 percent increase over January 2007. The report covers 18,203 retail locations and 1,416 satellite ( STP) locations. Average daily sales were $11,729 for 166 carriers, primarily airlines. The percentage of e-tickets continued to climb accounting for 97.4 percent of the total. While total transactions declined 2.27 percent to 13.9 million-led by a 4.8 percent decline in domestic transactions-international transactions grew 5.6 percent to 3.6 million for the month. Credit card sales were $6.2 billion of the total sales. International fares grew 10.1 percent to $2.8 billion while domestic fares grew 2.3 percent to $3.2 billion. Total taxes and fees paid also grew 8.4 percent to $925 million. (GD)