Expedia Group reports 7% decrease in air tickets sold for 2019

Expedia Group reported (13-Feb-2020) air revenue decreased 1% year-on-year in 2019, driven by an 8% decrease in revenue per ticket, mostly offset by a 7% increase in air tickets sold. The decrease in revenue per ticket is primarily related to changes in classification of certain fees, a shift in product mix and a negative impact from foreign exchange. The increase in air tickets sold was driven by growth at Expedia Partner solutions, largely related to enterprise deals launched in late 2018. Air accounted for 7% of total revenue for 2019. [more - original PR]