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Module 12: Fundamentals in Air Fares and Ticketing

This module introduces the fundamental principles of airline fare construction, pricing, ticketing procedures, and fare rule interpretation within a Global Distribution System (GDS) environment.

What this module covers

Air fares and ticketing form one of the most technical and financially sensitive areas of the travel industry. Accurate pricing and ticket issuance are critical responsibilities for travel professionals. Even minor errors can result in financial loss, debit memos, or denied boarding. In this module, you will learn how airline fares are structured and published, how booking classes affect pricing, and how fare rules determine eligibility, restrictions, and penalties. You will examine concepts such as fare basis cod...

Section outline

Section 1

Introduction to Air Fare Concepts

Section 2

The Fare Lookup Tool

Section 3

Introduction to Essential Pricing Terms

Section 4

Geography, Traffic Conference Areas and Global Indicators

Section 5

Journey and Pricing Unit Anatomy

Section 6

Currency Conversion and the Neutral Unit of Construction (NUC)

Section 7

Mileage-Based Fares and Maximum Permitted Mileage (MPM)

Section 8

Taxes, Fees, and Charges in Air Ticketing

Section 9

Q Surcharge

Section 10

Electronic Tickets (E-Tickets)

Section 11

Branded (Upsell) Fares

Section 12

Credit Card Sales

Section 13

Children and Infant Discounts

Section 14

Electronic Miscellaneous Documents (EMDs)

Section 15

Consolidator and Net Fares

Section 16

Restricted Fares