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In the airline industry, available seats are commonly referred to as inventory. The inventory of an airline is generally classified into service classes (e.g. economy, premium economy, business or first class) and any number of fare classes, to which different prices and booking conditions may apply. Fare classes are complicated and vary from ...
An airline ticket is a document or electronic record, issued by an airline or a travel agency, that confirms that an individual is entitled to a seat on a flight on an aircraft. The airline ticket may be one of two types: a paper ticket , which comprises coupons or vouchers; and an electronic ticket (commonly referred to as an e-ticket ).
Originally designed and operated by airlines, CRSs were later extended for use by travel agencies, and global distribution systems (GDSs) to book and sell tickets for multiple airlines. Most airlines have outsourced their CRSs to GDS companies, [1] which also enable consumer access through Internet gateways.
Oneindia.com is an Indian news website established in January 2006 by BG Mahesh. [ 2 ] [ 3 ] The website provides news updates, information on sports, events, travel, entertainment, business, lifestyle, videos, and classifieds in seven different Indian languages and English.
Booking codes were defined by IATA, [citation needed] but airlines have deviated from the IATA standard and current booking codes are airline-specific. [4] The same code may have different meanings for tickets issued by different airlines. Many airlines use nearly all letters of the alphabet to allow finer yield management.
E-tickets in the airline industry were devised in about 1994, [1] and have now largely replaced the older multi-layered paper ticketing systems. Since 1 June 2008, it has been mandatory for IATA members to use e-ticketing. Where paper tickets are still available, some airlines charge a fee for issuing paper tickets.
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