New knowledge reveals that air ticket gross sales bought by means of U.S. journey companies in March hit a document with a 22 % enhance from March 2022 and a complete of $9.6 billion in ticket gross sales, in keeping with Airlines Reporting Corp. (ARC).
The March 2023 outcome was the biggest month-to-month whole ever recorded by the ARC. In addition to the conventional increase that March normally brings as a well-liked journey time, rising worldwide journey demand additionally helped increase month-to-month gross sales — worldwide journey grew 17 % from March 2022 and 14 % from February 2023.
Month-over-month, air ticket gross sales elevated 15 %, whole passenger journeys elevated 15 % and U.S. home journeys elevated 16 %.
According to the info, journeys taken throughout March elevated 4 % from final yr, totaling 25.8 million journeys. The common home air ticket worth is $559. While that quantity is 4 % increased than it was again in spring of 2022, it’s nonetheless 2 % decrease than it was in February, when the typical was $571.
“ARC’s air travel ticket data supports what we’re hearing from airlines regarding strong spring and summer demand for both corporate and leisure travel,” mentioned Steve Solomon, chief business officer at ARC. “A larger portion of the summer demand is for top European destinations like London, Paris and Rome, which are showing significant year-over-year increases in air travel ticket purchases from U.S. travelers.”
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Source: www.travelpulse.com”