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IATA Explained: The Role of International Air Transport Association in the Aviation Industry

AltexSoft Travel

In 2016, the McLaughlin-Sherouse List was published, which ranked all industries in the US according to RegData’s Industry Regulation Index showing the most regulated ones. So, let’s talk about IATA – one of the main regulators of the aviation industry. What is IATA? However, it failed to solve all the problems.

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Travel Agency Accreditation, Explained: IATA, IATAN, ARC, CLIA, and TRUE

AltexSoft Travel

For example, there are about 5,000 airlines but over 80,000 travel agencies in the US alone. IATA accreditation for air travel: IATA vs IATAN vs TIDS International Air Transport Association or IATA is a global trade association of airlines that develops standards and practices for the aviation industry. Airline ticketing capability.

Travel 59
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Experiential Travel Explained: Players, Distribution Landscape, and Opportunities

AltexSoft Travel

There are large, well-known companies (like TUI or Jet2holidays ) that even operate their own airlines or hotel chains, so that they not only source inventory from external travel suppliers, but use their own as well. Those are websites that sell all sorts of travel products, separately or packaged in bundles. Real-world examples.

Travel 105
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Travel Startups and Tourism Trends to Invest In

AltexSoft Travel

However, a lot of significant shifts occurred in response to COVID-19 restrictions and regulations. In 2022, Travel Edge Network published a study on bleisure travel that detected an increase in interest for workations (vacations with elements of work and leisure) and bleisure trips by over 25 percent compared to recent years.

Trends 52
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How to Get IATA Accreditation for Travel Business: Options and Steps to Take

AltexSoft Travel

Every industry has its own regulator – an authority that sets standards and improves the cooperation inside. Its main goal is to regulate distribution-related activities in airlines and commercial aviation such as fare calculations, revenue allocation, and baggage rules. The air travel industry is no exception.

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Airline Consolidators Overview: Their Role, Advantages, and Key Players

AltexSoft Travel

Flight consolidators are brokers that book airline seats in bulk at discount rates and then resell them to travel agencies. Airline consolidator business model: how it works. Most of the large consolidators appeared in the 1970-1980s when airlines had more seats than they could ever sell via travel retailers.

Airlines 113
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Event Incentives That Drive Attendance

Motivation Excellence

They are probably only going to your event because it provides them with some type of networking or performance advantage. The same thing is true for airlines and flight tickets. Because of this, airlines charge less a few weeks in advance because the buyers during this time period are often families or vacation goers.