U.S. Journey Company Air Ticket Gross sales Whole $7.9 Billion in July 2024

In the present day, Airways Reporting Corp. (ARC) introduced that July 2024 U.S. journey company air ticket gross sales totaled $7.9 billion. This was a 5% enhance each 12 months over 12 months and month over month. July’s complete passenger journeys rebounded from June’s numbers. The 24.1 million passenger journeys had been a 6% enhance from June and a ten% enhance from July 2023.

Outcomes for July 2024 confirmed:

“Projections of waning traveler demand will not be mirrored in U.S. company gross sales to begin the second half of the 12 months, which is optimistic information for each journey businesses and airways,” mentioned Steve Solomon, chief business officer at ARC. “As leisure journey slows with the tip of summer time, airways will look to company journey to proceed the momentum in passenger journey development.”

In July 2024, 19.7% of ARC’s month-to-month transaction quantity got here from New Distribution Functionality (NDC) transactions — a 55% enhance 12 months over 12 months. Greater than 950 journey businesses reported NDC transactions all through the month.

Extra detailed info is offered on ARC’s gross sales statistics web page.

*Ticket Gross sales

• Outcomes are based mostly on month-to-month gross sales knowledge ending July 31, 2024, from 10,365 U.S. retail and company journey company places, satellite tv for pc ticket printing workplaces and on-line journey businesses. Outcomes do not embrace gross sales of tickets bought instantly from airways.
• The common ticket value (USD) is for a round-trip ticket settled via ARC for an itinerary that included solely U.S. home journey.
• Passenger journeys embrace the overall 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 embrace the overall quantity settled via ARC the place the itinerary is wholly throughout the U.S. Worldwide passenger journeys embrace the overall quantity settled via ARC the place some or all of the journey happens to airports outdoors the U.S. or originates outdoors the U.S.
• Whole gross sales are equal to the overall quantity paid for a ticket, which incorporates taxes and costs.