AltexSoft Travel
NOVEMBER 4, 2022
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. Source: Fine Art America. What is IATA? IATA’s mission and main purposes.
AltexSoft Travel
MAY 29, 2023
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. IATA accreditation exists to verify travel agencies and control the revenue flow, and it’s accepted worldwide. How to apply?
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AltexSoft Travel
APRIL 16, 2021
So, ARC or Airline Reporting Corporation is a company that regulates and handles transactions between airlines and US-based travel agencies. ARC Verified Travel Consultant (VTC): for non-ticketing travel professionals. What is ARC? Here’s a FAQ on the application process for more information.
AltexSoft Travel
NOVEMBER 24, 2021
In the US, four states have their unique Seller of Travel (SOT) Laws and licensing — namely, California, Florida, Washington, and Hawaii. Anyway, check your location for travel business regulations. If after the fifth check your ticket is still not ready, a travel agent has to get involved and complete the step manually.
AltexSoft Travel
FEBRUARY 20, 2020
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.
AltexSoft Travel
MARCH 13, 2020
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. International flights vs domestic flights.
Traveler's Q
MARCH 14, 2023
Depending on the location, there may be very different regulations from those in your home country. The differences between the regulations could affect everything from marriage licenses to taxes. With the help of local wedding planners and travel agents, you can make sure that all your desired events come together.
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