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The carrier mistakenly sold the first-class return fares for roughly $3,390 — that compares with their usual cost of $13,000 to $20,000, according to Qantas' website.
Fare construction refers to the application of fares which can cover the flights in the reservation, necessary to price the air ticket for issuance. It is commonly presented as a single line with standardized codes [ 7 ] which can be used for travel agents to price the ticket in global distribution systems .
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]
Sabre Global Distribution System, owned by Sabre Corporation, [1] is a travel reservation system used by travel agents and companies to search, price, book, and ticket travel services provided by airlines, hotels, car rental companies, rail providers and tour operators.
Qantas Frequent Flyer is the frequent-flyer program of Australian flag carrier Qantas. Points are accrued based on distance flown, with bonuses that vary by travel class. Points are earned through members flying on Qantas, Oneworld and other partner airlines. [1] Points can be redeemed for flights or upgrades across these airlines.
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 ...
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