ARC Data Show Deepening Drop In Airline Transactions - Business Travel News

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ARC Data Show Deepening Drop In Airline Transactions

December 11, 2008 - 12:00 AM ET

The U.S. point-of-sale air transaction slide continued to accelerate in November as total transactions decreased 19.7 percent year-over-year, according to ARC data released today. Domestic transactions fell 20.4 percent and international transactions dropped 17.7 percent during the month, ARC said.

In what many expected to be a softer month compared with the same period in previous years due to the anticipated reduction in Thanksgiving-related travel, November also experienced late November's Mumbai terror attacks, which further slowed some international travel bookings (BTNonline, Dec. 5).

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