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Round-the-world tickets are priced according to travel class, origin of travel, number of continents, mileage (usually between 30,000 and 60,000 km), and sometimes season of travel. [3] The traveller benefits from the large and optimized network of the airline alliance and can often participate in the alliance's frequent flyer programs ...
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 ...
SkyTeam is one of the world's three major airline alliances. Founded in June 2000, SkyTeam was the last of the three alliances to be formed, after Star Alliance and Oneworld . Its annual passenger count is 624 million customers (2024), [ 1 ] the second largest of the three major alliances.
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 ).
Sabre's breakthrough was its ability to keep inventory correct in real time, accessible to agents around the world. 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 ...
The investigation started when a travel agent was discovered entering the US with $80,000 hidden in his socks, which he admitted was a rebate. [37] In 1982, the sociologist John Hannigan described IATA as "the world aviation cartel". [6] IATA enjoyed immunity from antitrust law in several nations. [12]
An airline consolidator is a wholesaler of airline tickets, sometimes described as a broker. [1] Airlines make tickets available to consolidators at significant discounts and special conditions to those available to the general public.
The following is a list of low-cost carriers organised by home country. A low-cost carrier or low-cost airline (also known as a no-frills, discount or budget carrier or airline) is an airline that offers generally low fares in exchange for eliminating many traditional passenger services.