by Donald Wood
Last updated: 12:05 PM ET, Sat February 17, 2024
New data showed that travel agencies in the United
States set a new record in January for air ticket sales.
According to the Airlines
Reporting Corp. (ARC), U.S. travel agencies earned $8.9 billion on air
ticket sales last month, marking a seven percent increase from January 2023 and
the highest January total recorded by ARC.
Total passenger trips reached 25.6 million, a massive 52
percent increase month-over-month and a seven percent jump from the same month
in 2023. Domestic trips topped 15.9 million, and international trips totaled 9.7
million.
“January’s results represent a promising start to air travel
in 2024 as we approach the first busy travel period,” ARC chief commercial
officer Steve Solomon said. “We are already seeing a spike in ticket
transactions to popular spring break destinations like Cancun, Miami and Fort
Lauderdale.”
“Business travel also had a solid month with corporate
travel agency settled trips increasing seven percent year over year,” Solomon continued.
Average ticket prices for the first month of 2024 were $546,
a one percent increase from December and a three percent jump from January
2023.
January ancillary sales increased 37 percent year-over-year
to $27.9 million, while ancillary transactions increased 39 percent to 462,856
over the same period.
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