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ARC ticket sales rise in July but rate of improvement slows
ARC reported that July ticket sales through participating travel agencies climbed 14.5% compared to July 2009 to $6.5 billion, marking the ninth consecutive month of improvement but a slowdown compared to a 22% year-over-year improvement in June. Credit card sales grew 15% in July compared to July 2009 to $5.9 billion. Total fares excluding taxes and fees rose 14.2% to $5.5 billion. Domestic fares climbed 8.9% to $3 billion on a 1.4% lift in transactions and international fares leaped 21.2% to $2.5 billion on a 10% rise in transactions.