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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’S PROCESSING AT RECORD LEVELS
– MARCH REPORTING AND SETTLEMENT ECLIPSES 2000 LEVELS –
Arlington, VA, April 19, 2007
– ARC is reporting record high processing and settlement levels in its summary of March 2007 results representing travel agency and CTD sales transactions on behalf of 157 airlines and railroads. Highlights from the month were as follows:
- Total sales by travel agents and CTDs reached $8.7 billion in March 2007 – a 4% increase over March 2006 and a new record for a five-week processing month eclipsing a previous highpoint established in March 2000.
- International fares of $3.5 billion grew by 11% over the same month a year before also marking a new record exceeding a previous high set in June 2006
- Average sales per ARC-accredited location also jumped in March setting a new record average per location of $84,782. The earlier record was set in May 2006.
Other records include:
- For the first time, ARC processed taxes and fees in excess of $1 billion in a single processing month reaching $1.1 billion in March.
- Credit Card Billings at $7.6 billion and Credit Card Transactions at 14.1 million both set new record levels exceeding previously highs from a year ago.
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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