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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 RELEASE OF OCTOBER REPORTING & SETTLEMENT SUMMARY REVEAL STRONG SALES
Arlington, VA, November 10, 2006
– ARC today released a summary of October 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 149 airlines and railroads.
Highlights from the month and year to date were as follows:
- Total sales by travel agents and CTDs were just under $6 billion for the four-week processing month of October 2006. This represents 6% growth over the same month in 2005
- International fares of $2,266,760,000 outpaced October 2005 by 11% while domestic fares remained strong, eclipsing $3 billion in a four-week processing month for the first time since May of this year, and remaining steady compared to October of last year.
- ARC’s e-Ticketing as a percentage of total ticketing continued to hover at 95% — a threshold reached in August.
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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