Business Travel Executive Logo
Banner - ad - Desktop
Back To Travel News

Air Ticket Sales Reached $9 Billion in May, Says ARC

Industry achieves level for three consecutive months for first time since 2019

Written by:

Harvey Chipkin

Published on:

June 21, 2024

Air ticket sales in May totaled $9 billion for US travel agencies – a 1% decrease month over month from April, according to the Airlines Reporting Corp. Passenger trips totaled 25.7 million, which included a 10% increase in US domestic trips and a 2% increase in international trips.

Other results included month-over-month stability and a10% year-over-year increase in US domestic trips at 16.2 million; international trips were up 1% month over month and 2% year over year to 9.5 million. The average ticket price was down 1% month over month and 3% year over year to $543 (domestic roundtrip).

Steve Solomon, chief commercial officer, said total sales haven’t been above $9 billion for three consecutive months since 2019, marking a sign of the continued strength of air travel in 2024. He said that travelers “are also enjoying airfares relatively unchanged from last year despite price pressures in other parts of the economy.”

Banner - ad - Desktop

May ancillary sales (includes upgraded seats, checked bags, etc.) increased 17% year over year to $31 million, while ancillary transactions increased 59% to 564,619 over the same period.

Image: Shutterstock

Categories: Air Travel, NewsTags: Air Travel, ARC

Related Posts