AltexSoft Travel

MAY 20, 2022

A few years ago, Joe DeNardi, a Stifel analyst, published a sensational report that contained estimated values of some of the biggest US airlines’ loyalty programs. According to it, American Airlines’ AAdvantage was worth $37.6 All these impressive numbers unveil the hidden power behind airlines’ loyalty programs. Those include.

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AltexSoft Travel

OCTOBER 22, 2020

A booking happens when you create a reservation on an airline Computer Reservation System (CRS) and get a booking reference number. To issue tickets for IATA airlines, you need official accreditation that grants you access to IATA’s payment processing mechanism, the Billing and Settlement Plan (BSP). Work with an airline consolidator.

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AltexSoft Travel

JULY 14, 2022

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. Inventory is either sold directly to travelers or through resellers like OTAs and affiliate partners.

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AltexSoft Travel

MAY 29, 2023

Here, we will cover all the accreditation types, their application process, and benefits to help you make an educated choice. For example, there are about 5,000 airlines but over 80,000 travel agencies in the US alone. So, what are the main benefits of having an IATA accreditation? Airline ticketing capability.

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AltexSoft Travel

FEBRUARY 19, 2020

This is a balancing act of comparing traffic, Look-to-Book ratio, and markup to determine which metasearch yields more benefit. For example, people may agree to pay more for Turkish Airlines flights as they expect a better service, so it’s possible to apply higher commission for Turkish Airlines flying to London.

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AltexSoft Travel

AUGUST 30, 2023

Such an approach can be beneficial for almost any travel company, including airlines, hotels, vacation rentals , travel agencies , tour operators , and so on. Another benefit is that the travel company reduces marketing and sales costs. This way, the airline targets different passenger groups, and flyers get maximum flexibility.

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AltexSoft Travel

MARCH 7, 2022

As Ben Stephenson, founder and CEO of Impala, puts it, “You’ve got a PMS [property management system], and then a channel manager’s taking a cut of the booking, and then above that, a wholesaler is taking a cut, or an affiliate network is taking a cut, or a metasearch is taking a cut. The main benefits from this model include the following.

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AltexSoft Travel

JUNE 21, 2022

For instance, if you sell flights, current seat availability will be stored in the airline’s reservation system , because this airline distributes flights across many resellers and… well, knows which seats are already booked and which are available. hotels or airlines) and reselling this access to distributors.

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Management Travel Travel Airlines 59

Bizzaboo

NOVEMBER 20, 2022

Expect a cross over of 4 industries – Web3, iGaming, MedTech and Affiliation. Additional speakers include United Airlines, Wells Fargo, Netflix, National Australia Bank and many more. AIBC Summit. 14-18) is our flagship 4-day web3 conference hosted in the heart of Malta. Software Architecture Gathering. 2022 PACT Capital Conference.

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