Airlines
Reporting Corporation (ARC), the data platform and intelligence behind air
travel, announced that in July 2024, U.S. travel agency air ticket sales totaled
$7.9 billion representing a five percent increase both year over year and month
over month.
July’s 24.1 million passenger trips showed a six percent increase
from June 2024 and a 10 percent increase from July 2023.
U.S. domestic trips totaled 15.4 million, a nine percent
month-over-month and 12 percent year-after-year variance. In comparison, international
trips totaled 8.7 million representing a two percent month-after-month and six
percent year-after-year variance.
“Projections of waning traveler demand are not reflected in U.S.
agency sales to start the second half of the year, which is positive news
for both travel agencies and airlines,” said Steve Solomon, chief commercial
officer at ARC. “As leisure travel slows with the end of summer, airlines will
look to corporate travel to continue the momentum in passenger trip growth.”
In July 2024, 19.7 percent of ARC’s monthly transaction
volume came from New Distribution Capability (NDC) transactions — a 55 percent
increase year over year.
More than 950 travel agencies reported NDC
transactions throughout the month.
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