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U.S. Journey Businesses Air Ticket Gross sales Attain $9 Billion in Might 2024
Complete Month-to-month Gross sales Eclipse $9 Billion for the Third Consecutive Month
At the moment, Airways Reporting Corp. (ARC) launched knowledge displaying Might air ticket gross sales totaled $9 billion for U.S. journey companies — a 1% lower month over month from April 2024. Passenger journeys totaled 25.7 million, which included a ten% enhance in U.S. home journeys and a 2% enhance in worldwide journeys.
Outcomes for Might 2024 confirmed:
|
ARC Ticketing Metric |
Complete |
Month-Over- Month Variance |
Yr-Over-Yr Variance |
|
Complete Gross sales |
$9 billion |
-1 % |
0 % |
|
Complete Passenger Journeys |
25.7 million |
+1 % |
+7 % |
|
U.S. Home Journeys |
16.2 million |
0 % |
+10 % |
|
Worldwide Journeys |
9.5 million |
+1 % |
+2 % |
|
Common Ticket Worth |
$543 |
-1 % |
-3 % |
“Complete gross sales have not been above $9 billion for 3 consecutive months since 2019. This can be a signal of the continued energy for air journey in 2024,” mentioned Steve Solomon, chief business officer at ARC. “Vacationers are additionally having fun with airfare that is comparatively unchanged from final 12 months regardless of worth pressures in different components of the financial system.”
Might ancillary gross sales elevated 17% 12 months over 12 months to $31 million, whereas ancillary transactions elevated 59% to 564,619 over the identical interval.**
Extra detailed info is on the market on ARC’s gross sales statistics web page.
*Ticket Gross sales
- Outcomes are primarily based on month-to-month gross sales knowledge ending March 31, 2024, from 10,325 U.S. retail and company journey company areas, satellite tv for pc ticket printing workplaces and on-line journey companies. Outcomes don’t embody gross sales of tickets bought immediately from airways.
- The common ticket worth (USD) is for a round-trip ticket settled by ARC for an itinerary that included solely U.S. home journey.
- Passenger journeys embody the whole variety of passengers taking a visit from one airport to a different utilizing direct or connecting flights. Newly issued journeys are added, and refunded journeys are deducted to offer a internet view of touring passengers.
- U.S. home passenger journeys embody the whole quantity settled by ARC the place the itinerary is wholly throughout the U.S. Worldwide passenger journeys embody the whole quantity settled by ARC the place some or all of the journey happens to airports outdoors the U.S. or originates outdoors the U.S.
- Complete gross sales are equal to the whole quantity paid for a ticket, which incorporates taxes and costs.
**Ancillary gross sales
- Contains charges for services and products corresponding to upgraded seats, checked baggage, an unaccompanied minor, pet-in-cabin, and many others.
