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A fare basis code (often just referred to as a fare basis) can be 1-8 alphanumeric characters and is used to determine the price and restrictions on a ticket. 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 ...
Zonal Employee Discount (ZED) is a multilateral agreement for reduced rate personal travel by airline employees and other travelers. Airlines may bilaterally agree to apply one of three fare levels (Low, Medium, High), space-available / subload and / or positive space / firm reservation status, as well as eligibility for travel in the economy and / or business class cabins.
In the airline industry, available seats are commonly referred to as inventory. The inventory of an airline is generally classified into service classes (e.g. economy, premium economy, business or first class) and any number of fare classes, to which different prices and booking conditions may apply.
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The airline inventory system may or may not be integrated with the reservation system. The system contains all the airline’s flights and the available seats. The main function of the inventory system is to define how many seats are available on a particular flight by opening or closing an individual booking class in accordance with rules ...
VRs are comments made by the airline, typically generated automatically once the booking or request is completed. These will normally include the airline's own record locator, replies to special requests, and advice on ticketing time limits. While normally sent by the airlines to an agent, it is also possible for an agent to send a VR to an ...
A Malaysia Airlines Airbus A330-300 sporting the Malayan Tiger livery. Malaysia Airlines, Malaysia's flag carrier, [1] traces its origins back to 1947, when Malayan Airways was jointly formed by Singapore's Straits Steamship Company and the Ocean Steamship Company of Liverpool.
Malaysia Airlines also owns a freighter division: MASkargo and the religious charter subsidiary, Amal. Malaysia Airlines traces its history to Malayan Airways Limited, which was founded in Singapore in the 1930s and flew its first commercial flight in 1947. It was then renamed as Malaysian Airways after the formation of the independent country ...
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