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{{Short description|Identifier for airline fare types}}
A '''fare basis code''' (often just referred to as a '''fare basis''') is an alphabetic or alpha-numeric code used by airlines to identify a fare type and allow airline staff and travel agents to find the rules applicable to that fare. Although airlines now set their own fare basis codes, there are some patterns that have evolved over the years and may still be in use.
Airlines can create any number of booking or fare classes, to which different prices and booking conditions may apply. Fare classes are complicated and vary from airline to airline
Fare codes start with a letter called a '''booking class''' (indicating [[travel class]] among other things) which almost always matches the letter code that the reservation is booked in.<ref name="cranky">{{cite web | url=http://crankyflier.com/2007/07/25/fun-with-fare-basis-codes/ | title=The Cranky Flier, Fun with Fare Basis Codes | year=2007 | access-date=19 December 2013}}</ref> Other letters or numbers may follow. Typically a fare basis will be 3 to 7 characters long,<ref name="gbtp">{{cite book | title=A Guide to Becoming a Travel Professional | author=Todd/Ginger, Rice, Susan | year=2005 | page=244}}</ref> but can be up to 8.<ref name="cranky"/>▼
▲Fare codes start with a letter called a '''booking class''' (indicating [[travel class]] among other things), which almost always matches the letter code that the reservation is booked in.<ref name="cranky">{{cite web | url=http://crankyflier.com/2007/07/25/fun-with-fare-basis-codes/ | title=The Cranky Flier, Fun with Fare Basis Codes | year=2007 | access-date=19 December 2013}}</ref> Other letters or numbers may follow. Typically a fare basis will be 3 to 7 characters long,<ref name="gbtp">{{cite book | title=A Guide to Becoming a Travel Professional | author=Todd/Ginger, Rice, Susan | year=2005 | page=244}}</ref> but can be up to 8.<ref name="cranky"/>
== Booking class ==▼
▲Airlines can create any number of booking or 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. The meaning of these codes are not often known by the passenger, but conveys information to airline staff, for example they may indicate that a ticket was fully paid, or discounted or purchased through a loyalty scheme, etc.
▲== Booking class ==
The first character of the fare basis code is always a letter, and will almost always match the booking class.<ref name="gal">{{cite book | title=Galileo 360(degrees). V1 Course book. | publisher=Galileo Travelport | year=2009 | page=9}}</ref> 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 <code>Y7 K5 M4 T6 E3</code> which indicates how many of each booking class can be reserved. Some codes cannot be sold by agents, and those seats may be reserved for international connections, loyalty programs, or airline staff relocation.
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== Multiple fare basis ==
It is common for a multi-sector air ticket to have more than one fare basis, particularly if it is for carriage on more than one airline, or different classes of travel are involved. The issuing airline may often have an interline agreement to allow other airlines on the ticket. One disadvantage of this system is that if any change is made, the most restrictive fare rule, and/or the highest change fee, may apply to the entire ticket, not just the portion being changed.<ref>{{cite web |url=http://businesstravel.about.com/od/faqs/g/Glossary-Fare-Basis.htm |title=What is a Fare Basis (or fare code)? |publisher=Businesstravel.about.com |date=2014-03-03 |access-date=2014-04-24 |archive-date=2014-04-12 |archive-url=https://web.archive.org/web/20140412165100/http://businesstravel.about.com/od/faqs/g/Glossary-Fare-Basis.htm |url-status=dead }}</ref>
== Global Distribution Systems ==
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== Tickets ==
The fare basis is normally shown on the air ticket. On older paper tickets, it was highlighted on the relevant coupon for that flight. On modern e-tickets, it is often printed under the flight details.
==See also==
* [[Travel class]]
== References ==
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[[Category:Airline tickets]]
[[Category:Pricing]]
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