June 26, 2024

U.S. Travel Agencies Air Ticket Sales Reach $9 Billion in May 2024

Total Monthly Sales Eclipse $9 Billion for the Third Consecutive Month

Airlines Reporting Corp. (ARC) has released data showing May air ticket sales totaled $9 billion for U.S. travel agencies — a 1% decrease month over month from April 2024. Passenger trips totaled 25.7 million, which included a 10% increase in U.S. domestic trips and a 2% increase in international trips.

Results for May 2024 showed:

ARC Ticketing Metric Total Month-Over-Month Variance Year-Over-Year Variance
Total Sales $9 billion -1% 0%
Total Passenger Trips 25.7 million +1% +7%
U.S. Domestic Trips 16.2 million 0% +10%
International Trips 9.5 million +1% +2%
Average Ticket Price $543 -1% -3%

"Total sales haven't been above $9 billion for three consecutive months since 2019. This is a sign of the continued strength for air travel in 2024," said Steve Solomon, chief commercial officer at ARC. "Travelers are also enjoying airfare that's relatively unchanged from last year despite price pressures in other parts of the economy."

May ancillary sales increased 17% year over year to $31 million, while ancillary transactions increased 59% to 564,619 over the same period.

Copyright 2024 Airlines Reporting Corporation (ARC). All rights reserved. From https://www.arccorp.com.

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