Thursday, March 12, 2015

Importance of knowledge on Fares & Ticketing to Airline and Travel Agency management


1.                  It helps to make proper planning. It helps to estimate the revenue share or revenue yield from the aircraft operation.
2.                  It helps to make proper marketing. The knowledge on the fare & ticketing helps to produce the competitive prices in the market to compete with the competing airlines.
3.                  It helps to make ground service more capable & active. A staff having proper knowledge fare & ticketing can deal the passenger properly.
4.                  It helps to make proper accounting of sold documents & flown documents.
5.                  It helps to detect short deposit to the airlines from sales offices.
6.                  It helps to verify the correctness of billing from the two or more airlines carriers. It saves from excess payment to other airlines.
7.                  It helps to make proper billing to the interline carriers for the services provides to the passenger issued from other airlines. Also
-          To determine the air fare
-          To calculate/ recalculate the airfare
-          To share/ prorate the airfare
-          To read, act and write the ticket.

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