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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. This way, IATA regulations benefit all parties involved, i.e., airlines, travel agents, passengers, customers, ground handlers, and others.

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PMS API Data for Third-Party Apps: How to Become an Integration Partner of Leading PMSs

AltexSoft Travel

Many popular PMSs are robust and full-fledged solutions with tons of features, but it’s virtually impossible to satisfy a property’s diverse needs with one product. Pass certification. Certification is simply going through some scenarios to check if the connection is working correctly. Preparing an API.

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Tour Operator Software: Itinerary Creator, Booking Engine, and Other Handy Technologies

AltexSoft Travel

A tour operator is a travel company that devises the trip, books its components, markets it, and sells to travelers or travel agents. Basically, combining travel services in a bundle and developing a complete tour is the most important part of a tour operator’s job and that’s what distinguishes it from travel agents.

Booking 52
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Airline Reporting Corporation and IATA Billing and Settlement Plan: How they Work

AltexSoft Travel

Things are quite confusing here and nascent travel agents can easily get overwhelmed with understanding what’s IATA, how IATAN is different, why ARC number is the same as IATAN number… And a whole lot of other questions. Sounds complicated, but in plain English, BSP is a payment mediator between airlines and travel agents.

Airlines 126
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Airline Consolidators Overview: Their Role, Advantages, and Key Players

AltexSoft Travel

Consolidators pass on net fares to travel agencies, charging a premium on top of each seat. In any case, travel agents get a good margin to earn money. Travel agencies add their own markups but still keep the prices lower than market rates offered by airlines. Private airfares vs published airfares: the core differences.

Airlines 113
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Airline Ticketing: Key Functions, Steps, and Players Involved

AltexSoft Travel

This article aims to explain how ticketing works, what a ticket is, which accreditations an agency should have in order to issue tickets, and how to sell flight seats without having major certifications. Just like IATA, it mediates financial operations between agents and airlines using its own payment processor. Ticketless model.

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Airline Reservation Systems and Passenger Service Systems: Navitaire, Amadeus Altea, SabreSonic and more

AltexSoft Travel

This makes ancillaries or revenue generated from products and services beyond the core transportation the most promising and reliable source of profits in the modern airline industry. When choosing among NDC-enabled offer and order management platforms or PSSs, you should consider NDC certificates, granted by IATA to IT providers.