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4100 N. Fairfax Drive, Suite 600
Arlington, VA 22203-1629
703 816-8525
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corpcom@arccorp.com

 


ARC Press Releases
ARC SEPTEMBER REPORTING & SETTLEMENT SUMMARY
EXPANDED CARRIER PARTICIPATION


Arlington, VA, October 12, 2006 – ARC today released a summary of September 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 148 airlines and railroads.

Remarkable among the indicators of the growth of ARC’s system and services is the growing number of carrier participants. The inclusion of fourteen new participating airlines has resulted in a net increase of eight carriers over the past year. Emblematic of the newly added carriers is their global representation. These have all been intercontinental carriers or carriers with an established overseas presence whose inclusion in the ARC settlement and distribution system has given them a valuable foothold for distribution in the US. Moreover, this has given ARC’s travel agent and CTD stakeholders a more global reach than has ever been the case before.

Other highlights from the month and year to date were as follows:
  • Total sales by travel agents and CTDs were just under $7 billion for the five-week processing month of September 2006 - or 4% over the same month in 2005
  • Average Weekly Sales per Agency Location continued growing in September reaching $65,509 per location eclipsing last year’s average sales by 9%.
  • Reflecting the global industry initiative toward all electronic ticketing, ARC’s e-Ticketing as a percentage of total ticketing reached 94.82% for the five weeks of September.

  • Note: 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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