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The neutral unit of construction or neutral unit of currency (code: NUC) is a private currency used by the airline industry, [1] to record fare calculation information. [2] A set of exchange rates is issued by the International Air Transport Association (IATA) every month. [3]
The Airline Tariff Publishing Company (commonly known as ATPCO) is a privately held corporation that engages in the collection and distribution of fare and fare-related data for the airline and travel industry. ATPCO currently works with more than 440 airlines worldwide, and it supplies more than 99% of the industry’s intermediated fare data ...
Singapore Airlines presently operates the longest and second longest flights in the world, non-stop to New York–JFK and Newark respectively, using the Airbus A350-900ULR. Singapore to Newark was the world's longest flight from 2004-2013, and 2018-2021, when they started JFK to Singapore.
Scoot Pte Ltd, operating as Scoot, is a low-cost airline based in Singapore and is a subsidiary of the country's flag carrier Singapore Airlines. [5] It began its operations on 4 June 2012 on medium and long-haul routes from Singapore, predominantly to various airports throughout the Asia-Pacific region.
A fare class (otherwise known as booking class) is an airline industry term that indicates travel class and refers to the quality of seat, cabin, or other characteristics of the class of travel. Fare classes are used by most airline reservations systems and revenue management departments to divide every seat on a plane into different categories ...
The deregulation of the airline industry, in the Airline Deregulation Act, meant that airlines, which had previously operated under government-set fares ensuring airlines at least broke even, now needed to improve efficiency to compete in a free market. In this deregulated environment, the ARS and its descendants became vital to the travel ...
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