U.S. travel agencies in February processed 5.6 percent fewer air transactions than they did a year earlier, - Business Travel News

Share this page

Business Travel Supplier Directory

Text size: A A A

NewsLog
RSS

March 20, 2013 - 08:25 AM ET

U.S. travel agencies in February processed 5.6 percent fewer air transactions than they did a year earlier, according to ARC. Total air sales including refunds and exchanges dropped 4.1 percent, the third decline in the past four months. Excluding refunds and exchanges, domestic transactions and airfare sales in February each decreased by about 6 percent while international transactions and airfare sales slid down 5.5 percent and 3.4 percent, respectively. However, processed airline fees rose 3 percent year over year. Year to date, the total value of airline tickets sold by U.S. travel agencies increased 0.2 percent to $15 billion, while transactions were down 1.1 percent and passenger segments down 0.7 percent, according to ARC.

This page is protected by Copyright laws. Do Not Copy. Purchase Reprint

Leave your comment:

Comments

blog comments powered by Disqus
Related NewsLog
Cornerstone Information Systems will unveil a tech solution for business travel managers and one for travelers in late July.... read more »
JetBlue launched a new booking web portal, Blue Inc., this week for corporate travelers at small and midsize enterprises.... read more »
American Airlines has launched Flex Funds to help corporate travel buyers and agents manage and access fee waivers... read more »
Shangri-La Hotels and Resorts launched the Business Travel Programme for small to midmarket enterprises... read more »
AirPlus International customers during the first quarter spent 8 percent more on business travel year over year,... read more »
Data and intelligence company Grasp Technologies has become a preferred technology partner of ABC Global Services... read more »
Corporate-assistance firm Collinson Group broadened its duty-of-care offerings by acquiring... read more »
Winit: Women in Travel will launch its Central Career Board in May as part of its career mobility initiative,... read more »
The Association of Corporate Travel Executives and the Pittsburgh Business Travel Association announced they are "Education Partners,"... read more »
The Association of Corporate Travel Executives board of directors voted to extend the term of current president Kurt Knackstedt for two years,... read more »
InterContinental Hotels Group launched hotel loyalty program IHG Business Rewards,... read more »