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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.
Qantas said the prices were "too good to be true" and, as "a gesture of goodwill," has offered to rebook the 300 passengers into business class. Qantas mistakenly sells first-class flights at a ...
The fine was imposed by the Office of Fair Trading (OFT) after BA admitted to the price-fixing of fuel surcharges on long haul flights. The allegation first came to light in 2006 when Virgin Atlantic reported the events to the authorities after it found staff members from BA and Virgin Atlantic were colluding.
A fare basis code (often just referred to as a fare basis) is an alphabetic or alpha-numeric code used by airlines to identify a fare type and allow airline staff and travel agents to find the rules applicable to that fare. Although airlines now set their own fare basis codes, there are some patterns that have evolved over the years and may ...
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]
Fare rules provide the detailed terms, conditions, and services for which fare classes are offered. In the case of pre-filed fares in ATPCO, the fare rule can refer to regulations governing published fares (grouped by categories) or to fares that are contained in the text of a rule (Fare By Rule).
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