Airlines Reporting Corp. (ARC) has announced a 7.1% increase in consolidated dollar value of airline tickets sold by US-based travel agencies in 2018, as compared to 2017, the company said.
The total ticket sales totaled nearly USD 95 billion compared to USD 88.5 billion.
The average US round-trip ticket price for was USD 490, up just USD 6 from 2017.
The total number of passenger trips settled by ARC for US travel agencies increased just under 3 percent to 295,497,805 compared to 287,679,290 in 2017. US domestic trips remained steady, increasing less than 1 percent while international passenger trips grew by 7.3 percent.
An industry leader in air travel distribution and intelligence, ARC settled USD 94.8 billion in ticket transactions in 2018 between airlines and travel agencies, representing more than 295 million passenger trips.