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.

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Travel Agent Airlines Travel Travel 124

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. In short, IATA’s role and range of responsibilities in the travel sector are much broader as it formulates the industry policy and standards. What is ARC? Consolidators.

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Airlines Travel Agent Certification Booking 115

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.

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Transportation Travel Agent Regulations Airlines 52

AltexSoft Travel

JULY 14, 2022

Tour operators are travel companies that devise itineraries, create corresponding multi-component tour packages, sell them to travel agents or travelers, and make sure everything goes well from the start to the end of the trip, having full responsibility to the traveler. Tour operators: providing turn-key services.

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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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Travel Travel Travel Agent Airlines 59

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.

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Airlines Automation Contracts Contracts 52

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.

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Airlines Travel Agent Publishing B2B 113