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Airline Reporting Corporation and IATA Billing and Settlement Plan: How they Work

Altexsoft

In this article, we’ll figure out what BSP and ARC mean and — more importantly — why you should care, if you are a travel agent that wants to issue flight tickets on behalf of airlines. Sounds complicated, but in plain English, BSP is a payment mediator between airlines and travel agents. Start there and then come back.

Airlines 126
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Revenue Integrity in Airlines: How to Solve Revenue Leakage Problems

Altexsoft

Even before the pandemic, the industry was going through a crisis, so airlines fought hard to track down and close every loophole. Often created by travel agents and customers (both accidentally and not), these holes account for about 3 percent of the airline’s revenue. Airline revenue leakage. Couldn’t be more relevant, right?

Airlines 124
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Fetcherr raises $12.5M to dynamically price airfare with algorithms

TechCrunch

Roy Cohen believes that there’s a severe underinvestment in tech within the airline industry, with airlines continuing to rely on legacy systems and outdated infrastructures that date back decades. A mockup of Fetcherr’s software. ” That’s a lot to promise. . ” That’s a lot to promise.

Airlines 184
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Crew management in airlines: planning and scheduling with Sabre, Jeppesen, and others

Altexsoft

On par with fuel, crew related costs are the major operating expense for airlines. During rostering or assignment phase , pairings and other possible activities like training are assigned to actual crewmembers, in line with their qualifications, vacation days, and multiple other regulations. Crew scheduling software evolution.

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Airline Reporting Corporation: ARC Accreditation Options and Steps to Get It

Altexsoft

Whether your business is focused on selling airline tickets, package trips, or cruises, if you want to be acknowledged as a professional in the travel industry, you need to be certified. So, ARC or Airline Reporting Corporation is a company that regulates and handles transactions between airlines and US-based travel agencies.

Airlines 115
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Lufthansa’s digital future takes flight with ‘Digital Hangar’

CIO

Each Hangar houses agile coaches, business analysts, data and analytics specialists, product owners, Scrum masters, software engineers, and user interface designers — all with one mission: to elevate the airlines’ digital customer experience before, during, and after the flight. Experience is not only the cherry on the cake.”

Airlines 195
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Data and gen AI: Keys to Air Europa’s digital strategy

CIO

Case in point is Spanish airline Air Europa, even though their longstanding approach to data has given them a jump on applying the technology. So large corporations are still being put to the test with their implementing processes. But it wasn’t just a matter of flipping a switch to make it all happen.

Strategy 173