Airlines Take Sales Hit

The Airlines Reporting Corporation (ARC) reported a 11.6 percent decline in total sales to $6.2 billion for October 2008. Year-to-date, ARC said total sales were $70.7 billion, a 1.8 percent gain. Total transactions also dropped 15.3 percent, including domestic transactions by 7.8 percent and international transactions 13.0 percent. International fares declined 13.8 percent to $2.4 billion while domestic fares dropped 13.3 percent to $2.9 billion. Total fares declined 13.5 percent to  $5.3 billion. Total taxes and fees increased .07 percent. Locations reporting included 17, 887 retail locations and 1,228 satellite ticket locations. Average daily sales totaled $10, 607 for the calendar month.


Read more on:

Suggested Articles:

The special safety and hygiene mark aims to provide consistency and reassurance for consumers to speed up the travel and tourism recovery.

The TSA has made changes to the security process to reduce the potential for cross-contamination in an effort to help prevent the spread of COVID-19.

Starting July 1, TAP Air Portugal will resume several international flights to such destinations as Newark, Boston, Miami and Toronto. Read more here.