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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. Source: Fine Art America. What is IATA? IATA vs ICAO vs FAA.

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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.

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Website Localization in Travel: Key Aspects and Best Practices

AltexSoft Travel

And not only does it adapt the menus, but also advertising campaigns, website pages, and entire business plans to attract local foodies. If you operate a travel business, you most likely deal with multinational customers, and it’s crucial for you to localize your content and services and make them more understandable. And it works.

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Airline Ticketing: Key Functions, Steps, and Players Involved

AltexSoft Travel

It is a complex process that involves many systems, interactions, and regulations. For a passenger, who buys the flight via a website, it may seem like a single flow since everything goes so smoothly and fast. Instead, they redirect a user to the airline website or OTA. Airline ticketing process. The booking flow.

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Connecting Flights: Virtual Interlining Benefits and How to Seize Them

AltexSoft Travel

Key partnership frameworks in aviation were designed decades ago, in the era of large state-owned airlines and regulated fares. Otherwise, the carrier for this role is typically selected by a travel agent. On a passenger’s or travel agent’s request, the GDS or PSS builds an itinerary. Itinerary construction.

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Travel Agency Inventory System: Main Sources and Management Aspects

AltexSoft Travel

dynamic packaging (when travelers can choose the package components themselves). Such functionality requires specialized technology solutions and a set of business rules that regulate the process and make it convenient for a customer and profitable for you. A short video about what API connectivity in travel is about.