US Travel Agencies Sold an Impressive $7.2 Billion in Air Tickets Last Month

Laurie Baratti

A brand new report from journey intelligence firm Airways Reporting Corp. (ARC) revealed that whole air ticket gross sales by U.S. journey companies hit $7.2 billion in October, a two-percent dip compared with gross sales in October 2022. Regardless of this nominal discount, the overall variety of passenger journeys taken final month rose 4 p.c to to 21.7 million, supported by a 5 p.c uptick in U.S. home air journey.

“October’s air journey information appeared much like 2022 with a slight lower in gross sales and passenger journeys from the prior month,” remarked Steve Solomon, chief industrial officer at ARC. “Regardless of month-over-month declines, the expansion in passenger journeys in comparison with final October displays sustained demand for home and worldwide journey.”

Moreover, ancillary gross sales for October 2023 witnessed a considerable 26-percent improve year-over-year, surging from $16.7 million to $21.1 million. The precise variety of ancillary transactions additionally mirrored a powerful improve of 28 p.c, totaling 364,678 throughout the identical timeframe. The time period “ancillary gross sales” refers to add-on services, corresponding to seat upgrades, checked baggage, unaccompanied minor charges, pet-in-cabin charges, and so forth.

Businesses’ air ticketing information for October 2023 revealed:  

ARC Ticketing Metric Complete Month-Over-Month Variance Yr-Over-Yr Variance
Complete gross sales $7.2 billion  -5% -2%
Complete passenger journeys $21.7 million -2% +4%
U.S. home journeys $14.2 million -1% +5%
Worldwide journeys $7.5 million -3% +2%
Common ticket worth $557 +4% -4%

The report emphasised that the supplied information doesn’t embrace air journey tickets that buyers purchased instantly from the airways. The report relies upon information gleaned from 10,480 U.S. retail and company journey company places, satellite tv for pc ticket printing workplaces and on-line journey companies. Extra detailed information breakdowns an insights may be seen inside ARC’s statistic page.

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