Search results
Results from the WOW.Com Content Network
A billing and settlement plan (BSP) (also known as "Bank Settlement Plan") business process is an electronic billing system designed to facilitate the flow of data and funds between travel agencies and airlines. The advantage of such an intermediary organization is that instead of each travel agency having an individual relationship with each ...
However, with the advent of online booking, passengers are usually unaware of who their validating carrier is. The only way to tell who the validating carrier is for a passenger to check the first three digits of his/her ticket number after booking the ticket. Airlines who are members of ARC or IATA BSP have their own prefix for airline tickets.
ARC was established on September 17, 1984, as a privately held company following airline deregulation in the United States. The corporation began operations on January 1, 1985, in Washington, D.C., settling financial ticket transactions between airlines and travel agencies.
In 2004, IATA Board of Governors set the end of 2007 as the deadline for airlines to make the transition to 100% electronic ticketing for tickets processed through the IATA billing and settlement plan; [4] in June 2007, the deadline was extended to May 31, 2008.
AOL Mail welcomes Verizon customers to our safe and delightful email experience!
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
The International Air Transport Association (IATA / aɪ ˈ ɑː t ə /) is an airline trade association founded in 1945. [5] IATA has been described as a cartel since, in addition to setting technical standards for airlines, IATA also organized tariff conferences that served as a forum for price fixing.
IATA ICAO Airline Call sign Country Comments GML G & L Aviation: GEEANDEL South Africa DBC Gemini Air Group: DIAMOND BACK United States Allocated in 2014 [1] GOP Gospa Air: GOSPA AIR Mexico HGT GMJ Air Shuttle: HIGHTECH United States Private air shuttle for Intel Corporation Employees GRE Greenlandcopter: Denmark GMQ Germania Express: CORGI ...