U.S. Journey Companies Air Ticket Gross sales Attain $9 Billion in Could 2024

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U.S. Journey Companies Air Ticket Gross sales Attain  Billion in Could 2024




  • U.S. Journey Companies Air Ticket Gross sales Attain $9 Billion in Could 2024


    U.S. Journey Companies Air Ticket Gross sales Attain $9 Billion in Could 2024   

Complete Month-to-month Gross sales Eclipse $9 Billion for the Third Consecutive Month

Right this moment, Airways Reporting Corp. (ARC) launched information exhibiting Could air ticket gross sales totaled $9 billion for U.S. journey companies — a 1% lower month over month from April 2024. Passenger journeys totaled 25.7 million, which included a ten% enhance in U.S. home journeys and a 2% enhance in worldwide journeys.

Outcomes for Could 2024 confirmed:

ARC Ticketing Metric

Complete

Month-Over-

Month Variance

12 months-Over-12 months

Variance

Complete Gross sales

$9 billion

-1 %

0 %

Complete Passenger Journeys

25.7 million

+1 %

+7 %

U.S. Home Journeys

16.2 million

0 %

+10 %

Worldwide Journeys

9.5 million

+1 %

+2 %

Common Ticket Value

$543

-1 %

-3 %

“Complete gross sales have not been above $9 billion for 3 consecutive months since 2019. It is a signal of the continued energy for air journey in 2024,” stated Steve Solomon, chief industrial officer at ARC. “Vacationers are additionally having fun with airfare that is comparatively unchanged from final 12 months regardless of value pressures in different components of the economic system.”

Could ancillary gross sales elevated 17% 12 months over 12 months to $31 million, whereas ancillary transactions elevated 59% to 564,619 over the identical interval.**

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

*Ticket Gross sales

  • Outcomes are primarily based on month-to-month gross sales information ending March 31, 2024, from 10,325 U.S. retail and company journey company areas, satellite tv for pc ticket printing workplaces and on-line journey companies. Outcomes don’t embody gross sales of tickets bought straight from airways.
  • The typical ticket value (USD) is for a round-trip ticket settled via ARC for an itinerary that included solely U.S. home journey.
  • Passenger journeys embody 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 supply a internet view of touring passengers.
  • U.S. home passenger journeys embody the overall quantity settled via ARC the place the itinerary is wholly throughout the U.S. Worldwide passenger journeys embody 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.
  • Complete gross sales are equal to the overall quantity paid for a ticket, which incorporates taxes and charges.

**Ancillary gross sales

  • Consists of charges for services equivalent to upgraded seats, checked baggage, an unaccompanied minor, pet-in-cabin, and so forth.