Travel Agency Airline Ticket Sales Hit $8.9 Billion in February


Mia Taylor

by Mia Taylor
Final up to date: 4:45 PM ET, Mon March 25, 2024

February air ticket gross sales totaled a document $8.9 billion in February for U.S. journey companies, a determine that’s 6 % larger the identical time final 12 months.

This February’s staggering air ticket gross sales additionally symbolize the second straight month that company gross sales hit such highs, according to Airways Reporting Corp. (ARC).

“People proceed to prioritize home journey within the early a part of the 12 months, with year-over-year journeys to U.S. locations outpacing these of worldwide journeys,” mentioned Steve Solomon, chief industrial officer at ARC, mentioned in a press release. “Airways are seeing strong demand from each company and leisure vacationers, signaling the continued well being and anticipated progress in air journey for 2024.”

February ancillary gross sales elevated 34 % 12 months over 12 months to $29 million, whereas ancillary transactions elevated 47 % to 476,633 over the identical interval.

The ticket gross sales outcomes are based mostly on month-to-month gross sales information ending February 29, 2024, in response to ARC.
The knowledge was gathered from 10,367 U.S. retail and company journey company places, satellite tv for pc ticket printing places of work and on-line journey companies. The outcomes, nonetheless, don’t embody gross sales of tickets bought instantly from airways.
Extra highlights from the newest ARC report embody:

  • Whole passenger journeys:  24.3 million (9 % improve year-over-year)
  • U.S. home journeys: 15 million. (11 % improve year-over-year)
  • Worldwide journeys: 9.3 million (5 % improve year-over-year)
  • Common ticket worth: $573 million

 

February’s information follows a record-breaking month in January as well for ticket sales.


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