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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
RECORD E-TICKETING CHARACTERIZES SEVEN BILLION DOLLAR GROWTH REPORTED IN ARC YEAR-END REPORTING & SETTLEMENT SUMMARY

Arlington, VA, January 18, 2007 – ARC today released a summary of December 2006 and the 2006 year-end total Reporting & Settlement results.
  • ARC reporting and settlement volume for 2006 reached levels not seen since 2000. Total Sales of $77.8 billion represented ARC’s processing and settlement of travel agency and CTD sales transactions on behalf of 152 airlines and railroads.
  • A year-over-year increase of 10% in total sales was evidenced in reported fares that rose 9% domestically and 11% for international transactions.
  • Annual transaction volume rose 2% between 2005 and 2006.
ARC’s transaction processing in the past year was characterized by industry-leading growth in e-Ticketing.
  • e-Ticketing as a percentage of travel documents processed on behalf of all ARC participating carriers rose from 89.47% at the beginning of the year to a record level of 95.43% at year’s end.
  • In the final month of 2006, ARC’s U.S. shareholders’ e-ticketing percentage was 98.7%.
Note: An additional processing week was added to November 2006 in order to end the year at 53 weeks rather than the usual number of 52 (a necessary periodic adjustment).

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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