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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 ...
Fare basis codes start with a letter called a fare code which almost always matches the booking class in which the reservation is booked. Example: Fare basis code WH7LNR tells us the following: W: I have a W booking class ticket (= Fare Code) H: It's a high-season ticket. 7: I have to book 7 days in advance. L: It's a long-haul flight.
Open-jaw tickets are a flexible and relatively inexpensive way of flying as they are priced as a round-trip ticket, in most cases less expensive than purchasing two one-way flights between the destinations visited. Another market commonly traveled under an open-jaw itinerary is the one of local one-way tours.
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 ...
This type of accommodation is created for less well off people, who desire a comfortable travel at lesser fare. First Class (FC), which is similar in configuration to the 1A class but lacks air conditioning. The class is currently being phased out in favor of the slightly expensive 2A and cheaper 3A classes.
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]