U.S. Domestic Demand Powered Significant Year-Over-Year Growth ARLINGTON, Va.
, Aug. 15, 2024 /PRNewswire/ -- Today, Airlines Reporting Corp. (ARC) announced that July 2024 U.
S. travel agency air ticket sales totaled $7.9 billion .
This was a 5% increase both year over year and month over month. July's total passenger trips rebounded from June's numbers. The 24.
1 million passenger trips were a 6% increase from June and a 10% increase from July 2023 . Results for July 2024 showed: "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% of ARC's monthly transaction volume came from New Distribution Capability (NDC) transactions — a 55% increase year over year. More than 950 travel agencies reported NDC transactions throughout the month. More detailed information is available on ARC's sales statistics page.
About ARC ARC's data platform is the intelligence behind air travel, connecting the industry ecosystem and powering commercial decisions for airlines and our partners. We manage the world's most comprehensive airline ticketing dataset, comprised of over 12 billion annual passenger flights operated by more than 480 airlines in over 235 countri.