Trending...
- IOTech announces a new release of Edge Xrt, its high performance data connectivity solution for industrial systems
- ANIMAL RIGHTS PROTEST at The Animal Foundation of Las Vegas
- St. Augustine, FL Homeowner Cuts Energy Bills By 75% With Home Solar Panels
ARLINGTON, Va. ~ Airlines Reporting Corp. (ARC) released data showing U.S. travel agency air ticket sales totaled $8.4 billion in February 2023, a 54% year-over-year increase from February 2022. The average U.S. round-trip air travel ticket price was $571 in February, a 23% increase from the previous year ($464).
Total passenger trips settled by ARC in February 2023 increased 13% year over year to 22.3 million, with international trips increasing 29% and domestic trips increasing 4%. Month over month, total sales were flat while total passenger trips decreased 7%, with U.S. domestic trips decreasing 9% and international trips decreasing 3%.
More on virginir.com
Steve Solomon, chief commercial officer at ARC, commented on the results: "Despite flat sales and decreases in passenger trips month over month, overall demand remains stronger than what we saw last year with international travel showing continued strength...February followed pre-pandemic seasonality trends, which could indicate further industry normalization as airlines prepare for the busy spring and summer travel months." Ancillary sales increased 134% year over year to $21,777,658 while ancillary transactions increased 84% to 325,093 over the same period.
Total passenger trips settled by ARC in February 2023 increased 13% year over year to 22.3 million, with international trips increasing 29% and domestic trips increasing 4%. Month over month, total sales were flat while total passenger trips decreased 7%, with U.S. domestic trips decreasing 9% and international trips decreasing 3%.
More on virginir.com
- The Tokyo Rebels Announces the Release of Their Groundbreaking Whitepaper
- Armadillos with Benefits™ - PicPocket-Labs, Inc. details its plans/roadmap at SxSW for combining "location-based NFTs" and loyalty programs
- New Blog Site, KetoKiks.com, Launches to Provide Expert Information on the Ketogenic Diet!
- Microsoft-Backed HRtech Startup ZingHR Invests In SaaS Startup LokiBots
- Virginia Wine & Country Life Debuts Equestrian Guide
Steve Solomon, chief commercial officer at ARC, commented on the results: "Despite flat sales and decreases in passenger trips month over month, overall demand remains stronger than what we saw last year with international travel showing continued strength...February followed pre-pandemic seasonality trends, which could indicate further industry normalization as airlines prepare for the busy spring and summer travel months." Ancillary sales increased 134% year over year to $21,777,658 while ancillary transactions increased 84% to 325,093 over the same period.
Filed Under: Business
0 Comments
Latest on virginir.com
- Bicycle Sunshade Expands Product Line with Two New Colors
- The Past Reflects A Future - Daniel Imperato 2024 Is Back Again. Which Party?
- Beyer Auto Group Gives Back Through Shoot-Off Charity Event
- CAUTION: This Book is Full of Poop!
- Fridge Art Fair New York City May 2023
- The New Real Estate "Just Looking" Program Is A Big Hit With Northern Virginia Area Residents!
- Empowering SMEs: Innervation's Supply Chain Finance Solutions for Diverse Business Growth
- AdvisorVault Partners With Compliant Workspace to Help FINRA Firms Achieve 17a-4 Compliance on Microsoft 365
- The New Real Estate "Just Looking" Program Is A Big Hit With Atlanta Area Residents!
- Introducing Music360, the New Social Music Streaming App
- Marsha Gay Reynolds Shares Insights on In-Home Care Post-Pandemic
- The New Real Estate 'Just Looking Program' Is a Big Hit with Northern Virginia Residents!
- IOTech announces a new release of Edge Xrt, its high performance data connectivity solution for industrial systems
- ASI to Hold 1st iMIS Marketplace Demo Day on March 22
- ANIMAL RIGHTS PROTEST at The Animal Foundation of Las Vegas
- Graphis to Publish Kit Hinrichs' New Book: Narrative Design
- Saint Mary Magdalene Drama Brings Message of Eucharist
- CARFAX NAMES NATION'S TOP-RATED SERVICE CENTERS
- The expansion continues at Right Cars Global Rentals as it officially announces its opening in the Dominican Republic