ARC: Air ticket sales fall 86% y-o-y in Mar-2020

    Airlines Reporting Corporation (ARC) reported (16-Apr-2020) an 86% year-on-year drop in air ticket sales for ARC accredited travel agencies in Mar-2020. The consolidated dollar value of tickets sold in Mar-2020 was USD1.3 billion, down USD8 billion, while the average US round trip ticket price was USD377, down from USD487 in 2019. Other highlights for Mar-2020 include:

    • Passenger trips settled by ARC for US travel agencies: 11.1 million, -62% year-on-year;
      • US domestic: 7.4 million, -59%;
      • International: 3.7 million, -67%;
    • Electronic Miscellaneous Document (EMD) sales: USD4 million, -48%;
    • EMD transaction volume: 55,164, -53.2%. [more – original PR]