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Basics Of Airline Fares
Basics Of Airline Fares
Basics Of Airline Fares
Basics Of Airline Fares
Basics Of Airline Fares
Basics Of Airline Fares
Basics Of Airline Fares
Basics Of Airline Fares
Basics Of Airline Fares
Basics Of Airline Fares
Basics Of Airline Fares
Basics Of Airline Fares
Basics Of Airline Fares
Basics Of Airline Fares
Basics Of Airline Fares
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Basics Of Airline Fares

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How airfares work

How airfares work

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  • 1. Basics of Airline Fares General Introduction
  • 2. Types of Fares
    • Normal Fares
      • No restrictions, different classes possible
    • Special Fares
      • Restrictions, only in Economy class
    • Normal Fares are higher
    • Normal Fares are the same with every IATA member airline
  • 3. Factors Influencing Fares
    • Type of Intermediate Stops:
      • Stopover (> 24 hrs) or Transfer
    • Routing
      • Global Indicator
  • 4. Global Indicators
  • 5. Other Factors:
    • Maximum Permitted Mileage (MPM) compared with:
    • Ticketed Point Mileages (TPM): Actual Flown
    • If TPM > MPM a surcharge must be paid
    • NUC: Virtual Currency and IROE
    • Certain Checks:
      • HIP: Higher rated intermediate points
      • BHC: One Way Backhaul Minimum Check
      • CTM: Circle Trip Minimum Check
  • 6. Type of Journeys
    • One Way
    • Return Journey:
      • Round Trip
      • Circle Trip
    • Open Jaw
    • Round-the-World Journey
  • 7. Open Jaws Open Part must be domestic!
  • 8. Two Pricing Concepts:
    • Journey Concept
    • Pricing Unit Concept (PUC):
      • Journey may be divided into series of sub-journeys
      • Possible when there are common points and/or countries in a journey
    • Slicing and Dicing: dividing a journey into sub-journeys
    • Why: PUC gives sometimes lower fares
  • 9. Slicing and Dicing Slice and dice the following journey: Madrid – Lisbon – Cairo – Johannesburg – Surface – Capetown – Cairo - Lisbon - Barcelona BCN MAD LIS CAI JNB CPT
  • 10. Madrid – Lisbon – Cairo – Johannesburg – Surface – Capetown – Cairo - Lisbon - Barcelona 1. Open Jaw MAD – LIS - BCN BCN MAD LIS CAI JNB CPT 2. Return LIS - CAI 3. Open Jaw CAI – JNB - - - CPT - CAI
  • 11. Fare Manuals
    • PAT:
    • Passenger Air Tariff
    • Various Volumes:
      • Fares (per hermisphere)
      • Rules
      • Maximum Permitted Mileages
  • 12. How to Read Fares
    • Headline city + Code
    • Fares / Class
      • Normal Print: OW
      • Bold Print: Return
    • Special Fare
    • Carrier Code
    • MPM
    • GI
    • Rule
    • Amount in Local and NUC
    • Local Currency
    • Specified Routing
  • 13. Read this fare
  • 14. How to Read Fares: TPM
    • Ticketed Point Mileages (TPM):
    • Departure City (Aalborg) & Arrival City (Billund)
    • Country Code
    • Miles to Arrival City
    • Global Indicator
  • 15. Basic Fare Construction
    • Determine FCP’s
    • NUC (GI & Type)
    • Rule (if any)
    • Note MPM
    • Calculate TPM
    • EMA (if TPM > MPM)
    • EMS (See table)
    • 8. HIP
    • Rule
    • AF: Applicable Fare
    • Check:
      • OW: BHC
      • CT: CTM
    • 13. Total
    • 14. IROE
    • 15. LCF: Local Curency Fare

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