DENVER, Aug. 22, 2011 /PRNewswire/ -- ARC announced today the release of AeroTrend, a comprehensive, interactive tool to help financial analysts and consultants evaluate the airline industry and create more accurate forecasts. ARC made the announcement at the Global Business Travel Association (GBTA) Convention 2011, where AeroTrend demonstrations are taking place in booth #501.
AeroTrend provides access to U.S. airline ticket data from 2008 to present, with updates provided weekly. This delivery timetable, which can be months ahead of Department of Transportation or carrier-based sources, reveals future trends and variances in traffic volume more accurately because it is based on purchased tickets rather than bookings.
Available on a subscription basis, AeroTrend allows financial analysts and consultants to evaluate the airline industry in terms of traffic volume and segment data based on issue and departure dates, destination region, premium/non-premium service class, itinerary type, agency type – including online travel agencies, mega agencies, and others – as well as other variables. AeroTrend is powered by ARC Compass®, a trusted and reputable source for air ticket transaction information that helps organizations make fact-based business decisions.
"AeroTrend development began almost one year ago after we surveyed financial analysts about what tools they required to be successful when watching the airline industry," said Jennifer Briede, senior product manager. "Virtually all of them mentioned speedy access to current information that is accurate. We believe with AeroTrend, which is based on timely ARC high-valued data, we've satisfied their needs and more."
For additional information about AeroTrend, visit www.arccorp.com/aerotrend.
About ARC: 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. More than 15,000 travel agencies and 190 airlines use the company's transaction settlement services that, in 2010, totaled more than $77 billion in value. 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
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