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Airlines Reporting Corporation
The Airlines Reporting Corporation (ARC) is a company that provides ticket transaction settlement services between airlines and travel agencies (both traditional and online) and the travel management companies that sell their products in the United States. ARC, which is owned by nine major airlines, also offers its transactional data within various industries, including financial. In 2019, ARC processed more than $97.4 billion worth of transactions for its customers. History 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. ARC is the successor to the Air Traffic Conference of America, an operating division of Airlines for America Airlines for America (A4A), formerly known as Air Transport Association of America (ATA), is an American trade association and ...
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Arlington, Virginia
Arlington County is a county in the Commonwealth of Virginia. The county is situated in Northern Virginia on the southwestern bank of the Potomac River directly across from the District of Columbia, of which it was once a part. The county is coextensive with the U.S. Census Bureau's census-designated place of Arlington. Arlington County is considered to be the second-largest "principal city" of the Washington metropolitan area, although Arlington County does not have the legal designation of independent city or incorporated town under Virginia state law. In 2020, the county's population was estimated at 238,643, making Arlington the sixth-largest county in Virginia by population; if it were incorporated as a city, Arlington would be the third most populous city in the state. With a land area of , Arlington is the geographically smallest self-governing county in the U.S., and by reason of state law regarding population density, it has no incorporated towns within its borders ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Airlines For America
Airlines for America (A4A), formerly known as Air Transport Association of America (ATA), is an American trade association and lobbying group based in Washington, D.C. that represents major North American airlines. Profile Mission A4A's stated purpose is to "foster a business and regulatory environment that ensures safe and secure air transportation and enables U.S. airlines to flourish, stimulating economic growth locally, nationally and globally". A4A advocates on behalf of participating regularly scheduled airline corporations to the U.S. Congress, state legislatures, the U.S. Department of Transportation, including the Federal Aviation Administration, and the U.S. Department of Homeland Security, including the Transportation Security Administration and Customs and Border Protection. Since its founding in 1936, A4A has played a major role in all government decisions concerning aviation, including the creation of the Civil Aeronautics Board, th ...
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Airline Tickets
An airline ticket is a document or electronic record, issued by an airline or a travel agency, that confirms that an individual is entitled to a seat on a flight on an aircraft. The airline ticket may be one of two types: a ''paper ticket'', which comprises coupons or vouchers; and an electronic ticket (commonly referred to as an ''e-ticket''). The ticket, in either form, is required to obtain a boarding pass during check-in at the airport. Then with the boarding pass and the attached ticket, the passenger is allowed to board the aircraft. Details Regardless of the type, tickets contain the following information: *The passenger's name *The issuing airline *A ticket number, including the airline's three-digit code at the start of the number *The cities between which the ticket is valid for travel *Flight for which the ticket is valid (unless the ticket is "open") *Baggage allowance. (Not always visible on a printout but recorded electronically for the airline) *Fare. (Not always ...
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