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The great news in July 2021 is that the total passenger trips continued to increase when compared against 2019 but for the first time this year, it decreased when compared to the previous month (not by much). Total sales also dropped off in July 2021 when compared to the previous month. The average ticket price continues to grow and has been consistently increasing every month this year and when compared to last year, it has increased by 129%. Similarly, EMD sales & transactions decreased for the first time all year.
Total Sales - an increase of 1059% vs 2020 Year over Year (YoY) but a decrease of 50% vs 2019.
Average Ticket Price - an increase of 129% YoY but a decrease of 8% vs 2019.
Airline Fees - an increase of $0.8B YoY but a decrease of 50% vs 2019.
Total Passenger Trips - an increase of 329% YoY but a decrease of 33% vs 2019.
Domestic Trips - an increase of 327% YoY but a decrease of 25% vs 2019.
International Trips - an increase of 336% YoY but a decrease of 47% vs 2019.
Total EMD Sales - an increase of 424% YoY and an increase of 104% vs 2019.
Total EMD Transactions - We are seeing more EMD transactions than 2019 levels. An increase of 466% YoY AND an increase of 125% vs 2019.
Average EMD Value - a decrease of 10% YoY and a decrease of 17% vs 2019.
What is EMD? EMD transactions indicate sales of ancillary services (e.g. premium seats) and other miscellaneous services settled separately from the airline ticket used for travel.
(Source - ARC, Airline Reporting Corporation)
ABOUT THE AUTHOR - AASH
With over 25 years of experience in business travel, Aash has provided expertise to hundreds of companies and thousands of travelers. With over 3 Million miles logged in air travel, he looks at business travel at a 35,000 feet level and provides his perspective and insights to improve the business travel industry.
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