ARC: Sales and International Fares Are Rising

ARC released a summary of April Reporting & Settlement results Thursday. Highlights from the month were as follows: international fares set a new record for dollar volume in a four-week processing month at $2.6 billion; credit card billings also reached a record high of $5.7 billion for a four-week processing month; and total sales of $6.7 billion in April 2006 were 12 percent over the same month in 2005.