Travel Agency Air Ticket Sales Still Not at 2019 Level



Busy chicago airport

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Final 12 months was the very best 12 months for journey company ticket gross sales since 2019. That’s in accordance with year-end information launched this week by the Airways Reporting Company (ARC).

ARC’s most up-to-date information reveals that December ended with $5.7 billion in U.S. journey company gross sales, up 5% from the identical month in 2022. That month, mixed with the whole of the earlier 11 months in 2023, gave companies a complete of $95.3 billion in airline tickets bought in 2023.

That was the best since 2019, which is the excessive watermark for the trade with $97.4 in tickets bought. It was additionally a 16% improve from 2022.

“2023 was a pivotal 12 months for air journey as U.S. journey companies and their companions responded to rising traveler demand and vital shifts in airways’ distribution methods,” mentioned Steve Solomon, chief business officer at ARC.

That post-pandemic setting features a increase in tickets bought throughout the board—each home and worldwide complete passenger journeys improve in 2023, with worldwide up massive at 15%. It additionally included a big improve in ancillary ticket gross sales, which totaled $280 million in 2023, up 71% from 2022

Maybe most constructive for the trade is that the whole $5.7 billion in gross sales for December, and the $95.3 billion for year-total in 2023, comes with a comparatively small improve in complete ticket costs—in accordance with ARC, the typical ticket value in December 2023 was $542, up about 2% from 2022 ($531). The common ticket value is up 13% over 2019 numbers ($479), in accordance with ARC.



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