ARC: October airfares in the US go up again

October round-trip domestic airfares rose for the second month in a row, according to Airlines Reporting Corp., up 3 percent from September’s level to $578. That average rate remains below the monthly high of $628 reached in May, but is above August’s level of $526.

The average rate for October increased 36 percent year-over-year.

ARC-accredited travel agency air ticket sales in October totaled $7.3 billion, up 72 percent year-over-year but unchanged from September 2022 levels. Total travel decreased 2 percent month-over-month, with US domestic travel up 3 percent and international travel down 1 percent.

Total ARC-settled passenger trips in October 2022 increased 19 percent year-over-year to 20.8 million. US domestic travel increased 11 percent, while international travel increased 37 percent. Trips sold by US travel agencies whose primary business model is managed corporate or government travel increased 60 percent year-over-year.

October sales of miscellaneous electronic documents, which include charges for ancillary products such as upgraded seats and checked baggage, increased 113% year-over-year and nearly 16% month-over-month to $16.7 million.

“While overall October travel demand was in line with what we saw in September, demand for ancillary products has been on the rise,” ARC Chief Commercial Officer Steve Solomon said in a statement. “Travellers are looking to personalize their experiences as we return to pre-pandemic levels of travel, especially with international travel.”

October EMD transactions increased 11% month-over-month and 74% year-over-year to more than 284,000.

RELATED: ARC data for September

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