Airlines Reporting Corp. (ARC), the premier driver of air travel intelligence and commerce in the travel industry, reported today that the consolidated dollar value of airline tickets sold by U.S.-based travel agencies decreased nearly 4.1 percent this year as compared to 2015, totaling $74 billion vs. $77 billion.
October 2016 ticket sales were down 5.9 percent to $6.9 billion against the same month last year, while ticket transactions were up 3.6 percent at 13.7 million verses October 2015.
Electronic Miscellaneous Document (EMD) sales comprised $37.7 million of the year-to-date sales vs. $14.3 million in 2015, and $5.3 million of the October 2016 sales as compared to $2.3 million in October 2015. EMD transactions increased nearly 296 percent to 607,944 so far in 2016 vs. 37,370 in 2015.