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Learn what a fare basis code is, how it identifies a fare type and its rules, and how it is used by airlines and travel agents. Find out the meaning of booking classes, fare codes, fare details, and fare construction.
Learn about the history and functions of computer reservation systems (CRSs), which are used to book and sell tickets for air travel, hotels, car rental, and other activities. Find out how CRSs evolved from mainframe computers to global distribution systems (GDSs) and how they operate today.
A frequent-flyer programme (FFP) is a loyalty program offered by an airline to encourage customers to accumulate points for rewards. Points can be earned by flying, using co-branded credit cards, or spending money at associated businesses.
An airline ticket is a document or electronic record that confirms a seat on a flight. Learn about the information, processes and history of airline tickets, including the issuing airline code and the fare basis.
“Imagine having a conversation (with) the AI Trip Planner and being able to render or change what you see (on the Booking.com website) to match the content of your conversation,” Adrienne ...
However, given the competitive pricing, the third-party online travel agencies get a very low margin on air ticket bookings that make up less than 10% of our $30.60 Trefis price estimate of ...
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