ARLINGTON, Va., April 17, 2012 /PRNewswire/ -- ARC announced today an increased presence on the Bloomberg L.P. financial news terminal. ARC is providing additional aggregated monthly data about purchased airline tickets in the United States, providing Bloomberg subscribers with the information they need about airline ticket transactions to help make insightful business decisions and gauge industry trends.
"ARC possesses a wealth of U.S. airline ticket data that can be employed by the financial community," said Mike Premo, ARC's president and CEO. "And as ARC provides that data over a trusted and ubiquitous source such as Bloomberg, financial professionals will gain additional industry insight into this dynamic marketplace. We feel fortunate to be able to provide Bloomberg with information that expands their industry library of pertinent and timely airline data."
On the Airline dashboard page, ARC segments various data points for monthly ticket transactions dating back to 2008. These segments include total transactions and airfares for travel agencies in the corporate, non-corporate, and online space. Other data presented include monthly average airfares and total transactions for premium (business and first class) and non-premium (economy) tickets for travel within the United States, and from the United States to the following locations: Latin America, Europe, Middle East, Africa, Asia, Australia/South Pacific, Canada, and Mexico.(Access "BI AIRL
", then Data Library/Industry data/Airfare & Transaction Data.)
Visitors to ARC's page ("ARCR
") will also be able to learn about the company's data services and products, including
AeroTrend, a comprehensive and interactive tool helping financial analysts and consultants evaluate the airline industry and create more accurate forecasts.
For more information regarding ARC's various services and products for the financial community, contact ARC business development manager Jim Watson at [email protected] or (703) 816-8050.
As the financial backbone of the U.S. travel industry, ARC enables commerce among travel agencies, airlines, and travel suppliers, and offers them secure and accurate financial settlement services. About 16,000 travel agencies and 190 airlines make up the ARC network. In 2011, ARC settled more than $82 billion worth of transactions between travel sellers and airlines. ARC also supplies transactional data to organizations, facilitating better business decisions through fact-based market analyses. Established in 1984, ARC is headquartered in Arlington, Va. For more information, visit www.arccorp.com.