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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

 


ARC Press Releases
ARC PROCESSING STRONG THROUGH JUNE

Arlington, VA, July 13, 2006 - ARC today released a summary of June 2006 and year to date Reporting & Settlement results. This represents ARC’s processing and settlement of travel agency and CTD sales transactions on behalf of 147 airlines and railroads. Highlights from the month and first two quarters were as follows:
  • Total sales by travel agents and CTDs reached $41.6 billion at the conclusion of the second quarter of 2006 or 13% over the period in 2005.
  • International Fares set a new record for dollar volume in a five-week processing month at $3.2 billion in June. Domestic fares also finished the month strongly having reached a total dollar volume of $4 billion for the month exceeding the same month a year ago by 12%.
Note: A corrected copy of ARC’s electronically archived monthly processing statistics for February, 2006 has been posted on ARC’s Web site. The corrected line item was “Taxes” (including taxes, fees, and charges) for the month of February only which were erroneously overstated by $30 million. The typographical error did not affect any cumulative year-to-date figure or any subsequent summary of processing results. 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 $70 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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