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  2. Fare basis code - Wikipedia

    en.wikipedia.org/wiki/Fare_basis_code

    Booking codes are the identifiers used by the airline's revenue management department to control how many seats can be sold at a particular fare level. For example, a plane may have 25 economy seats still available and the airline may show it in a reservation system as Y7 K5 M4 T6 E3 which indicates how many of each booking class can be reserved.

  3. Airfare - Wikipedia

    en.wikipedia.org/wiki/Airfare

    Some fare codes are standard across all airlines, while some are very different depending on the airline. For example, a plane may have 25 economy seats still available, and the airline may show them in a reservation system as Y7 K5 M4 T6 E3, which indicates how many of each booking class can be reserved.

  4. Airline reservations system - Wikipedia

    en.wikipedia.org/wiki/Airline_reservations_system

    The inventory of an airline is generally classified into service classes (e.g. economy, premium economy, business or first class) and any number of fare classes, to which different prices and booking conditions may apply. Fare classes are complicated and vary from airline to airline, often indicated by a one letter code.

  5. Global distribution system - Wikipedia

    en.wikipedia.org/wiki/Global_Distribution_System

    A mirror image of the passenger name record (PNR) in the airline reservations system is maintained in the GDS system. If a passenger books an itinerary containing air segments of multiple airlines through a travel agency, the passenger name record in the GDS system would hold information on their entire itinerary, while each airline they fly on would only have a portion of the itinerary that ...

  6. How Airlines Are Generating Revenue on Flights That Will ...

    www.aol.com/news/airlines-generating-revenue...

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  7. Airline ticket - Wikipedia

    en.wikipedia.org/wiki/Airline_ticket

    Only when the airline receives the payment or a passenger redeems miles/points, a ticket is issued which is linked to the reservation and allows the passenger to travel. Historically, reservation and payment are separate steps, with the allowed time between booking and payment being defined in the fare rules when the reservation is made. [3]

  8. Basic economy class - Wikipedia

    en.wikipedia.org/wiki/Basic_economy_class

    The airline's regular economy-class fares, which are more expensive, include checked baggage within the fare. [44] Abu Dhabi-based airline Etihad Airways introduced hand-baggage only fares on limited routes in September 2018, following a successful trial in late 2017. These fares include a hand-baggage allowance of 7 kilograms (15 lb), but not ...

  9. Expected marginal seat revenue - Wikipedia

    en.wikipedia.org/wiki/Expected_marginal_seat_revenue

    EMSRa will calculate protection limits that are too conservative. In other words, it will reserve too many seats for the higher fares, thereby rejecting too many low fare bookings. Although having equal fares is not realistic this will also happen if the difference between fares is small. Therefore EMSRb was invented.