ARLINGTON, VA – Airlines Reporting Corporation (ARC), the financial settlement link between airlines and travel sellers, reported today that the consolidated dollar value of airline tickets sold by US-based travel agencies decreased 3.4 percent in the first quarter of 2016, compared to 2015, totaling $23.3 billion vs. $24.1 billion.
March 2016 ticket sales were down 4.5 percent to $8.3 billion against the same month last year. Ticket transactions increased 4.5 percent to 43.2 million in 2016 vs. 2015, pointing to the overall effect of lower airfares.
Electronic Miscellaneous Document (EMD)** sales comprised $8.3 million of the year-to-date sales vs. $3.1 million in 2015, and $2.7 million of the March 2016 sales, compared to $1 million in March 2015. EMD transactions increased to 106,792 so far in 2016 vs. 23,745 in 2015.