Airlines Reporting Corp. (ARC), the premier driver of air travel intelligence and commerce in the travel industry, has reported the average US roundtrip ticket price* for July 2017 was USD 473, down from USD 503 in June. Average ticket prices are down 3.2 percent compared to July 2016, the company said.
The consolidated dollar value of airline tickets sold by US-based travel agencies increased nearly 4.1 percent in July as compared to July 2016, totaling USD 6.9 billion vs. USD 6.7 billion. The number of passenger trips* settled by ARC for US travel agencies also increased 5.3 percent to 21,605,280 compared to 20,518,412 in July 2016.
Electronic Miscellaneous Document (EMD)** sales comprised nearly USD 4.9 million, a 66 percent increase over 2016. EMD transactions increased 64 percent to 86,981 in July 2017 vs. nearly 53,054 in 2016.
The Airlines Reporting Corporation (ARC) is the premier driver of air travel intelligence and commerce in the travel industry with business solutions, travel agency accreditation services, process and financial management tools and high-quality data.
In 2016, ARC settled USD 86 billion worth of carrier ticket transactions for more than 7,000 travel agencies with 12,000 points of sale. Established in 1984, ARC is an ISO 27001 certified company headquartered in Arlington, Virginia, with offices in Louisville, Kentucky, Tampa, Florida and San Juan, Puerto Rico.