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ARC sees strong first quarter airline sales performance

Direct News Source

08-Apr-2010 ARC, which serves as the U.S. financial settlement engine and data depository for the airlines’ travel agency sales channel – online and retail – is reporting a strong resurgence in sales in the first quarter of 2010.

A recovery that first manifested itself in November of '09 has continued and has reached its most favorable levels yet. International fares and credit card sales settled in March were "off the charts" according to Allan Mutén, ARC's director of strategic communications, noting that "ARC began dashboarding these numbers with 2006 sales. In fact, credit card sales were 30% over a year ago and the strongest March sales since 2001," adds Mutén.

Chief Executive Officer and President of ARC David Collins stated "ARC's strong sales and transaction volume is a testament to the strength and resilience of the agency sales channel and of our system," adding that "this includes a strong, innovative, and diverse agency community, a global airline and rail industry, and a trusted and secure settlement system."

ARC publishes a dashboard of ARC-settled travel agency transactions (constituting the majority of all U.S. airline sales) on-line at http://www.arccorp.com/news/sales-document-statistics.jsp. This information is updated monthly. Representing ticketed and settled transactions rather than the booked or lifted transactions typically found elsewhere, the ARC dashboard is an illustration of the travel agency channel sales for future travel. ARC's data warehouse, ARC Compass™, is a valued source for travel industry data and data-related products for the travel industry and the businesses that surround it.