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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 JULY REPORTING & SETTLEMENT SUMMARY
Arlington, VA, August 10, 2006
- ARC today released a summary of July 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 year to date were as follows:
- Total sales by travel agents and CTDs reached $5.8 billion for the four week processing month of July 2006 or 8% over the period in 2005.
- Total fares also exceeded the same month a year before by 8% and were led by marginally stronger growth in domestic fares which rose by 9% as compared to 7% year over year growth in international fares.
- e-Ticketing as a percentage of total ticketing reached 94.61% for the four weeks of July.
Note: The calculation of the e-ticketing percentage has changed effective with this month’s Reporting & Settlement Summary. From now on, ARC’s e-ticketing percentage excludes miscellaneous documents such as Miscellaneous Charges Orders (MCOs), Tour-Orders (TOs), and Pre-paid Ticket Advices (PTAs). The calculation only includes transactions that are, or potentially could be, ticketed as electronic documents. The result of the mid-year change is a slight spike (a difference of 3.36 percentage points in July when compared to the e-ticket percentage using the former calculation).
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 $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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