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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]
A few months later, ATPCO was awarded a patent for its cacheless airline ticket pricing technology, [9] which allows the calculation of all possible airline ticket prices, regardless of availability. In 2022, ATPCO donated its collection [ 10 ] of historical fares, rules, and routes to the Library of Congress, where they are now accessible to ...
The Fares data store contains fare tariffs, rule sets, routing maps, class of service tables, and some tax information that construct the price – "the fare". Rules like booking conditions (e.g. minimum stay, advance purchase, etc.) are tailored differently between different city pairs or zones, and assigned a class of service corresponding to ...
Airfare increased by 10% year over year at this California airport. Metro Oakland International Airport in Oakland, CA saw domestic airfare increase to $304 in 2024, from $276 one year prior ...
According to data released Tuesday by the U.S. Department of Transportation, the average domestic airfare for 2023 was $382, making it 3.1% lower than the inflation-adjusted average fare of $394 ...
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