13-Jun-2011 12:15 PM
Air ticket sales by US travel agents increase 8% year-on-year
ARC, the financial settlement link between airlines and travel sellers, stated (10-Jun-2011) the consolidated dollar value of airline tickets sold by US-based travel agencies increased 7.79% year-over-year in the first five months of 2011 and 31% the same period in 2009. Ticket sales totalled USD36.7 billion in 2011.Year-to-date passenger traffic for the first five months of 2011 fell 2.2% to 149.4 million passengers, while reflecting a 5% increase over the same period in 2009. Ticket transactions for January through May 2011 were down by 1.66% year-on-year but up 7% over 2009 levels. [more]