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Validating Carrier
In the context of multi-leg flights, the validating carrier (a.k.a. issuing carrier) is the airline that validates or issues tickets, and the one that receives the money when the flights are booked. In the event of cancellations this is the carrier with which the flyer has credit. 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. Examples of prefixes of several major airlines include: Asia Pacific Europe North America Near East {{aviation-stub Aviation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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. In 2023, ARC processed more than $95.3 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, formerly known as the Air Transport Association of America, Inc. (ATA). ARC's primary function is to support the travel industry by providing transact ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |