Air Fares Slide But Agency Transactions Grow, ARC Reports
by Michele McDonald /Air fares this April were down 7.67% from the same month last year, continuing a downward trend that began a year ago, ARC reported this week.
International fares fell 7.94%, slightly more than domestic fares, which fell 7.42%.
The lower fares dragged down travel-agency sales by 6.78%, to $7.7 million, even though transactions grew by 4.92%, to 14.45 million.