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Airline consolidator. An airline consolidator is a wholesaler of airline tickets, sometimes described as a broker. [1] Airlines make tickets available to consolidators at significant discounts and special conditions to those available to the general public. Consolidators seek to reach more niche markets, and are able to offer discounts and fare ...
Priceline.com. Priceline.com is an online travel agency for finding discount rates for travel -related purchases such as airline tickets and hotel stays. The company facilitates the provision of travel services from its suppliers to its clients. Priceline.com is headquartered in Norwalk, Connecticut, United States and is wholly owned by Booking ...
The airlines are two competing low-cost carriers in the European market. A low-cost carrier ( LCC) or low-cost airline, also called no-frills, budget, or discount carrier or airline, is an airline that is operated with an emphasis on minimizing operating costs. It sacrifices certain traditional airline luxuries for cheaper fares.
Last-minute summer travelers are finding the best deals in years. ... -Expedia shares jumped more than 8% on Friday as markets cheered the online travel agency beating quarterly profit estimates ...
Airline reservations system. Airline reservation systems ( ARS) are systems that allow an airline to sell their inventory (seats). It contains information on schedules and fares and contains a database of reservations (or passenger name records) and of tickets issued (if applicable). ARSs are part of passenger service systems (PSS), which are ...
Fare basis code. A fare basis code (often just referred to as a fare basis) is an alphabetic or alpha-numeric code used by airlines to identify a fare type and allow airline staff and travel agents to find the rules applicable to that fare. Although airlines now set their own fare basis codes, there are some patterns that have evolved over the ...
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