Fare basis code: Difference between revisions

Revision as of 23:06, 28 February 2018

Revision as of 23:22, 28 February 2018

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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 fare type 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.

Booking codes used to be standardized, and were defined by [[International Air Transport Association|IATA]]. However,{{cn|date=February 2018}} but airlines have deviated from the IATA standard and current booking codes are airline -specific.<ref name="gal12">{{cite book | title=Galileo 360(degrees). V1 Course book. Galileo Travelport. 2009. | page=12}}</ref> The same code may have quite different meanings for tickets issued by different airlines, and. someMany airlines use nearly all letter of the alphabet to allow finer yield management. Nevertheless, certain booking codes have fairlyretained standardizedthe meaningssame meaning across nearly allmost airlines, and have maintained these meanings for many years:

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