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

At present, Airways Reporting Corp. (ARC) introduced that July 2024 U.S. journey company air ticket gross sales totaled $7.9 billion. This was a 5% improve each 12 months over 12 months and month over month. July’s whole passenger journeys rebounded from June’s numbers. The 24.1 million passenger journeys have been a 6% improve from June and a ten% improve 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 constructive information for each journey companies and airways,” stated Steve Solomon, chief industrial officer at ARC. “As leisure journey slows with the top of summer time, airways will look to company journey to proceed the momentum in passenger journey progress.”

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

Extra detailed data is obtainable on ARC’s gross sales statistics web page.

*Ticket Gross sales

• Outcomes are primarily based on month-to-month gross sales information 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 companies. Outcomes do not embody gross sales of tickets bought instantly from airways.
• The common ticket worth (USD) is for a round-trip ticket settled by way of ARC for an itinerary that included solely U.S. home journey.
• Passenger journeys embody the entire 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 entire quantity settled by way of ARC the place the itinerary is wholly inside the U.S. Worldwide passenger journeys embody the entire quantity settled by way of 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 entire quantity paid for a ticket, which incorporates taxes and costs.