Q2 Air Transaction increases globally

Travel News 01 Sep 2015

July air transactions processed by major travel agencies and settled through Airlines Reporting Corp rose 0.1 percent year over year, according to ARC data. However, this is a drop from June’s 4.2% performance.

Online travel agencies saw a 10.3 percent, a 2.3% decrease from June’s performance, while the group of travel agencies classified by ARC as "other" posted a 4.8 percent increase. Total U.S. travel agency air ticket transactions rose 5.7 percent.

Despite the volatility in the economies and falling oil prices, ticket price is set to increase as airlines adjust their capacity management according to the market’s demand.