Ticketing Agreement
What is a Ticketing Agreement?
A Ticketing Agreement establishes the rules and responsibilities between an airline and an authorized ticketing partner, such as a travel agency or corporate travel management company (TMC). It governs aspects like fare pricing, ticket issuance, refund policies, and commission structures.
For businesses, a ticketing agreement ensures efficient booking processes and cost control, allowing employees to book flights through preferred channels while adhering to corporate travel policies. Some agreements also enable agencies to issue tickets on behalf of multiple airlines through interline partnerships.
Examples Of Ticketing Agreement Usage
1.
Corporate Discounted Fares
A Corporate Travel Agency Signs A Ticketing Agreement With An Airline To Issue Discounted Fares For Business Travelers.
2.
Interline Ticketing
An Interline Ticketing Agreement Between Two Airlines Allows Passengers To Book Multi-Leg Journeys Under A Single Ticket.
3.
Tmc Corporate Booking Simplification
A Company Negotiates A Ticketing Agreement With A Tmc To Simplify Airfare Bookings And Ensure Compliance With Travel Policies.
Frequently Asked Questions About Ticketing Agreement
1.
Why are ticketing agreements important in corporate travel?
They simplify ticket issuance, ensure access to negotiated fares, and help companies enforce travel policies efficiently.
2.
Can a travel agency issue tickets without a ticketing agreement?
No, agencies must have a ticketing agreement with airlines or a global distribution system (GDS) provider to issue tickets.
3.
Do ticketing agreements affect airfare pricing?
Yes, these agreements often include special fares and commissions, influencing the cost of airline tickets for businesses and travelers.
4.
What is an interline ticketing agreement?
It allows one airline to issue tickets for flights operated by another airline, providing seamless connections between carriers.
5.
How do companies benefit from ticketing agreements?
Businesses can access better rates, streamline expense tracking, and improve compliance by booking through authorized ticketing partners.