article thumbnail

Airline Ticketing: Key Functions, Steps, and Players Involved

AltexSoft Travel

Airline ticketing is not as simple as it may seem to passengers. It is a complex process that involves many systems, interactions, and regulations. What is an airline ticket? An airline ticket is a document granted by a carrier or travel agency to a passenger as a confirmation that a person has bought a seat on a flight.

article thumbnail

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
MICE professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Airline Reporting Corporation: ARC Accreditation Options and Steps to Get It

AltexSoft Travel

Whether your business is focused on selling airline tickets, package trips, or cruises, if you want to be acknowledged as a professional in the travel industry, you need to be certified. So, ARC or Airline Reporting Corporation is a company that regulates and handles transactions between airlines and US-based travel agencies.

Airlines 115
article thumbnail

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.

article thumbnail

Timatic by IATA: Travel Requirements Database, Explained

AltexSoft Travel

The biggest challenge here is creating a standardized, universally accepted, and easily implemented way for travelers, airlines, and airport staff to use in their current workflow. Timatic or Travel Information Manual Automatic is a database of travel requirement rules. Currency Regulations. What is Timatic?

article thumbnail

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. The air travel industry is no exception. Its main goal is to regulate distribution-related activities in airlines and commercial aviation such as fare calculations, revenue allocation, and baggage rules.

article thumbnail

IATA Numbers and Codes Explained

AltexSoft Travel

It relentlessly develops regulations, sets up procedures, creates digital tools – in short, it does everything to make international air transport safe and efficient. We’ll talk about IATA numbers and what they mean to travel agents and also explore the main codes that standardize the aviation industry. IATAN accreditation.