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ARC Corporate Communications
4100 N. Fairfax Drive, Suite 600
Arlington, VA 22203-1629
703 816-8525
Fax: 703 816-8168
corpcom@arccorp.com
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ARC RELEASES APRIL REPORTING AND SETTLEMENT RESULTS
Arlington, VA, May 17, 2007
- ARC reporting and settlement results for the month of April and year-to-date reveal a leveling of sales and transaction volumes after a record-setting close to the first quarter. Highlights from the month were as follows:
- Total sales by 20,492 travel agent and CTD locations reached $6.8 billion in the four processing weeks in April 2007 – a 1% increase over April 2006 with the year to date exceeding the first four months of the previous year by 5%
- After four months, ARC processed taxes and fees were 12% above what they were for the same period in 2006 with April showing the highest number ever for a four-week processing month
Important notice to recipients of ARC monthly reporting and settlement results:
Effective next month (results for May 2007), the format of ARC’s monthly reporting and settlement results will change.
Historically, ARC’s figures have been defined by the weekly processing schedule where a month shows transactions received and processed in either four or five processing weeks allocated to a given month. In other words, the monthly figures would include from 28 to 35 dates of sale (four or five sales weeks). Effective next month, a more limited selection of figures will represent sales of a given calendar month (based on date of sale).
A reconstructed twelve month history (dating back to May 2006) will be compiled in order to allow a statistically representative year-over-year comparison.
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Archived R&S monthly statistics are available at no charge on ARC’s Web site. Visit http://www.arccorp.com/regist/index.jsp to register for access and e-mail updates.
About ARC
ARC is the premier provider of financial settlement solutions and data and analytical services for the travel industry. Airlines, travel agencies, corporate travel departments, railroads, and other travel suppliers process more than $77 billion annually through ARC’s world-class settlement system, making it the financial backbone of travel distribution. ARC COMPASS®, the leading, trusted source for travel transaction information, powers data and analytical tools that help ARC customers make confident business decisions. ARC is an airline-owned company that builds on values of integrity, teamwork, innovation, cost-effectiveness, and excellence. For more information, please visit
http://www.arccorp.com.
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