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Neutral Unit Of Construction
The neutral unit of construction or neutral unit of currency (code: NUC) is a private currency used by the airline industry, to record fare calculation information. A set of exchange rates is issued by the International Air Transport Association (IATA) every month. The ticket component prices are converted from the original currency (of the country of commencement of travel) and recorded on the airline ticket 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'', whi .... The NUC system came into being on 1 July 1989, having superseded the older "Fare Construction Unit" (FCU) system. , the NUC depends on the COC (Country of Commencement) of the travel. Each country that has a strong currency has an IROE (IATA Rate of Exchange) too. A similar unit, formerly used by the European railway indu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Currency
A private currency is a currency issued by a private entity, be it an individual, a commercial business, a nonprofit or decentralized common enterprise. It is often contrasted with fiat currency issued by governments or central banks. In many countries, the issuance of private paper currencies and/or the minting of metal coins intended to be used as currency may even be a criminal act such as in the United States (18 U.S. Code § 486). Digital cryptocurrency is sometimes treated as an asset instead of a currency. Cryptocurrency is illegal as a currency in a few countries (mainly in West Asia and North Africa). Today, there are over four thousand privately issued currencies in more than 35 countries. These include commercial trade exchanges that use barter credits as units of exchange, private gold and silver exchanges, local paper money, computerized systems of credits and debits, and digital currencies in circulation, such as digital gold currency. Private bank notes In the U ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Air Transport Association
The International Air Transport Association (IATA ) is a trade association of the world's airlines founded in 1945. 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. Consisting in 2016 of 290 airlines, primarily major carriers, representing 117 countries, the IATA's member airlines account for carrying approximately 82% of total available seat miles air traffic. IATA supports airline activity and helps formulate industry policy and standards. It is headquartered in Canada in the city of Montréal, with executive offices in Geneva, Switzerland. History IATA was formed in April 1945 in Havana, Cuba. It is the successor to the International Air Traffic Association, which was formed in 1919 at The Hague, Netherlands. At its founding, IATA consisted of 57 airlines from 31 countries. Much of IATA's early work was technical and IATA provided input to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alaska Airlines
Alaska Airlines is a major American airline headquartered in SeaTac, Washington, within the Seattle metropolitan area. It is the sixth largest airline in North America when measured by fleet size, scheduled passengers carried, and the number of destinations served. Alaska, together with its regional partners Horizon Air and SkyWest Airlines, operates a large domestic route network, primarily focused on connecting from the Pacific Northwest, West Coast, and Alaska to over one hundred destinations in the contiguous United States, Hawaii, Belize, Canada, Costa Rica, and Mexico. The airline operates out of five hubs, with its primary hub being at Seattle–Tacoma International Airport. Alaska Airlines is a member of Oneworld, the third-largest airline alliance in the world. As of 2020, the airline employs over 16,000 people and has been ranked by J. D. Power and Associates as having the highest customer satisfaction of the traditional airlines for twelve consecutive years. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
IATA
The International Air Transport Association (IATA ) is a trade association of the world's airlines founded in 1945. 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. Consisting in 2016 of 290 airlines, primarily major carriers, representing 117 countries, the IATA's member airlines account for carrying approximately 82% of total available seat miles air traffic. IATA supports airline activity and helps formulate industry policy and standards. It is headquartered in Canada in the city of Montréal, with executive offices in Geneva, Switzerland. History IATA was formed in April 1945 in Havana, Cuba. It is the successor to the International Air Traffic Association, which was formed in 1919 at The Hague, Netherlands. At its founding, IATA consisted of 57 airlines from 31 countries. Much of IATA's early work was technical and IATA provided input to the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Airline Ticket
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Currencies
A private currency is a currency issued by a private entity, be it an individual, a commercial business, a nonprofit or decentralized common enterprise. It is often contrasted with fiat currency issued by governments or central banks. In many countries, the issuance of private paper currencies and/or the minting of metal coins intended to be used as currency may even be a criminal act such as in the United States (18 U.S. Code § 486). Digital cryptocurrency is sometimes treated as an asset instead of a currency. Cryptocurrency is illegal as a currency in a few countries (mainly in West Asia and North Africa). Today, there are over four thousand privately issued currencies in more than 35 countries. These include commercial trade exchanges that use barter credits as units of exchange, private gold and silver exchanges, local paper money, computerized systems of credits and debits, and digital currencies in circulation, such as digital gold currency. Private bank notes In the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
