15 April 2014
ARC, the financial settlement link between airlines and travel sellers, said that the consolidated dollar value of airline tickets sold by US-based travel agencies rose 4.55 percent year-over-year in the first quarter of 2014 compared to the same period last year, totalling USD24bn versus USD23bn in 2013.
March 2014 ticket transactions increased 2.57 percent over the same period in 2013 to 39.5 million. Year-to-date passenger segments increased 2.4 percent to 87.3 million compared to 85.3 million in 2013.
More detailed information is available at https: //www.arccorp.com/news/stat/2014-03.jsp.
ARC powers the US-based travel industry with premier business solutions, travel agency accreditation services, process and financial management tools, and powerful data analytics. Established in 1984, ARC is headquartered in Arlington, Va. For more information, visit www.arccorp.com.