Points to Remember before Book Cheap Flights Online

Cheap flights, yes everybodywants cheap flights for his/her travel destination. Only for cheap flights youcan see lots of travel portal online available for you but only few of themknow about how online travel site gives you your cheap airfare on one search.

Today I will tell you how thesetravel sites book there cheap flights only one search and from where they getcommission. So before book cheap flights online you should know about travelindustries. These ares-

IATA: IATA stands forInternational Association of Travel Agents. IATA governs the rules by whichTravel Agents sell tickets to consumers for there cheap flights and also bywhich Airline industry manages them. Only IATA approved Consolidators or Agentsare allowed to issue tickets. One has to take an IATA number to issue tickets.

Consolidator: Consolidators areAirlines’ authorized agents (or wholesalers) who are allowed to sell certainpercentage of seats on a flight at negotiated prices. Airlines have developedConsolidator network over the last 30 years. There is usually a contractbetween the airlines and consolidators with confidential pricing. SuchConsolidator network was developed to develop a retail channel to reachconsumer through an Airline-Consolidator-Travel Agent Channel.

ConsolidatorFares:Fares sold through Consolidator at Consolidator-Airline contract are called theConsolidator Fares. These are also called negotiated fares, contract fares,private fares, wholesale fares or discounted fares. Over the years, Airlinesfaxed these contracts to Consolidators, who in turn send those again to

PublishedFares: ByIATA rules, all airlines have to issue a tariff pricing and make it public toall Travel Agents and consumers for all the airline routes an airline flies andoffers commercial service. This pricing is called Published Pricing.

GDS: GDS stands for GlobalDistribution System. There are 5 GDS companies in the US Galileo (also known asApollo in the US); Saber, Amadeus andWorldSapn. These system hold inventory of all flights around the world andPublished Pricing of all routes if an airline participates in a GDS. Airlinepay GDS companies to keep their inventory and Published Pricing in the GDS,which is used by Travel Agents and websites around the world to make bookingsin the GDS. Certain airlines are now paying GDS to upload some of theirConsolidator Fares in the GDS.

ATPCOFares:  ATPCO Fares are the private fares uploaded inthe GDS by a company called ATPCO Fares.

I think now you can betterunderstand that how travel portal get commission and what they known.