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Glossary for the airline industry

From A-Z, this glossary covers definitions and explanations for common airline industry terminology.

assembled data feed

An ATPCO subscription that provides merged pricing and restrictions data to support airline pricing, revenue management, and intelligence processes. This structured dataset calculates total price values and simplifies data aggregation (and analysis) by combining the applicable fare rules with the price points.

assortment optimization

A dynamic pricing method where the system selects one or more prices from a finite menu of possible price points. Each price point may be associated with various rules or restrictions that determine how or when that price can be selected. The menu of price points may be updated periodically, but there is only a limited and discrete set of possible prices that can be selected at any given time. The selection of a price from the menu could be made infrequently or, at the limit, on a transaction-by-transaction basis.

ATC

Air Traffic Conference.

atomic product

Any item that can be offered to a customer (such as air transportation, transportation portions, any goods or amenities). For example, an atomic product can be the actual transportation service (right to travel), a hard product (such as seats and meals), or a soft product (such as flexibility and priority boarding). Also called product.

ATPCO

Airline Tariff Publishing Company. A corporation owned by various airlines formed to serve as agent for those owners (and for other airlines or vendors) to file and publish tariffs and related products.

ATPCO Proprietary Standards

Proprietary technical standards established by consensus to provide consistent results for pricing and retailing automation across the travel ecosystem. These include the following documents:

  • Data Dictionary, comprising file layouts, field descriptions, validation edits, and abbreviated descriptions of processing (interface standard)
  • Industry reference codes used in processing (appendices)
  • Full descriptions of data processing (matching and application) to produce a consistent pricing or retailing result (processing standard)
  • Data maintenance (load, store, data management)

 

ATPCO taxonomy

ATPCO standard Optional Services taxonomy codes organized into hierarchical levels that can be used to define and classify a product within a set of defined parameters.  The Taxonomy enables product identification, product sorting, and product comparison. Note that the Airline Catalog and Supplier Catalog support Group, Subgroup, and Descriptions 1 and 2 levels.

Automated Refunds

ATPCO Automated Rules Category 33 that automates the processing of rules and restrictions governing refunds for tickets.

Automated Reissues

ATPCO Automated Rules Category 31 that automates the processing of rules and restrictions governing exchanges for tickets.

autopricing

An automated process used to price a ticket without human intervention, autopricing is the ability for a GDS to provide eligible fares for a passenger s itinerary by programmatically processing the data coded in the rules and footnotes.

availability

The amount of inventory which is not currently reserved is shown in an availability display.

baggage allowance

A provision that governs the number of pieces or weight of baggage that may be carried free of charge.

baggage charges

A provision that governs the charge for baggage and special items that do not fall within the passenger's baggage allowance.

Banker's Selling Rate

Used during the transfer of funds through banking channels, the rate at which a bank will sell a given amount of foreign currency in exchange for one unit of the national currency of the country in which the exchange transaction takes place.

base amount

1. An amount representing the highest selling local fare used in certain markets under the IATA Multi-lateral Proration Agreement. Base amounts are published in the IATA Prorate Manual--Passenger (PMP).

2. A base fare used in Category 25 as a calculation tool to produce Net or Selling amounts.

base fare

1. The fare amount excluding taxes and other charges. However, charges resulting from Stopovers (Category 8), Transfers (Category 9), and/or Surcharges (Category 12) processing are included in the base fare. This amount appears in the "fare" portion of the Fare Box on the ticket.

2. A fare or fares used as a basis for calculating other fare amounts to create a resulting fare in Category 25 or in Categories 19-22. This may also be the fare amount filed in the Fare Record

batch

A unit of work containing a group of transactions that are entered and released to the file, used for describing a set of instructions that are being implemented. Every batch is identified by a two-character alphanumeric code (based on batch ID of user) plus a control number assigned by the system. The batch header specifies the proposal number, tariff, carrier, effective date of transactions, and the batch status (public, private, or incomplete). See also batch processing.

batch number

A number preceded by the alphanumeric ID code of the compiler or airline and assigned sequentially by the computer. This number goes on a batch sheet or is used online to be associated with a group of updates or transactions.

bid pricing

A type of continuous pricing where airlines link their revenue management systems directly to price determination.

bilateral agreements

An agreement between two nations concerning rate or fare levels. This, in some instances, supersedes normal filing requirements for the DOT. Also refers to special prorate agreements between two carriers.