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How to Get IATA Accreditation for Travel Business: Options and Steps to Take

AltexSoft Travel

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

AltexSoft Travel

Our article explains why services of airfare wholesalers are still sought-after, what problems they solve, and how their air offerings differ from standard fares you can find online. 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.

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Understanding Online Travel Agency Business: Partners, Building Blocks, How to Grow

AltexSoft Travel

Online travel agencies are some of the youngest players in the travel market. Since their appearance in the 90s, they flipped travel distribution, became hotels’ biggest enemies , and changed how people research, plan, and buy their trips. What is the Online Travel Agency? But let’s start with the basics.

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Airline Reporting Corporation: ARC Accreditation Options and Steps to Get It

AltexSoft Travel

So, ARC or Airline Reporting Corporation is a company that regulates and handles transactions between airlines and US-based travel agencies. Basically, with CTD accreditation, corporations act as travel agents and book directly with GDSs and airlines. You can either access information online, or download a raw data file.

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What is PNR: Passenger Name Record Explained in Details

AltexSoft Travel

A passenger name record, also called a booking file, is a digital document with details of the itinerary for a passenger or a group of passengers traveling together. Watch our video detailing how online booking unfolds offscreen. It enables travelers to manage their bookings and check in online. Data collection.

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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. The first step is the flight search that can happen on different platforms — airline web pages, online travel agencies, or metasearch engines. Online Travel Agencies. Ticketing is not only complex but also a highly regulated process.

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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’s mission and main purposes.