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Fares , HELP!

PostPosted: 24 Jul 2012, 14:07
by rhys.white
Hi Guys,

I sort of need a little crash course in fares, if any of you travel agents out there know what the following are then it would be greatly appreciated if you could tell me!

Cat35
IT
Published
Consolidated
Nett


Thanks =D

Re: Fares , HELP!

PostPosted: 13 Aug 2012, 09:48
by joeyc
Sorry Rhys, just noticed this post. :?

I'm not a travel agent but will give it a shot:

CAT35 fares are those net fares loaded directly onto travel agents' database by the airlines.

IT fares - no idea, google it?

Published fares are those that are available for everyone to purchase and is on general release, for e.g a type obtained from an airlines's website would be a published fare.

Consolidated fares are fares that are purchased in bulk at discount and then resold at lower prices than published fares but at a markup of the price originally bought for.

Nett fares - I believe that these are fares released to travel agents for sale to pax in a variety of fare buckets - not too sure on this one so may want to use trusty google search again.

Hope I was of some help, if not slightly late :w

Re: Fares , HELP!

PostPosted: 13 Aug 2012, 12:57
by Sealink
IT fares are Inclusive Tour fares. Also called FIT or ITX fares.
They are provided to the likes of Virgin Holidays and others to sell and package together with hotels and carhire. The fares are confidential.
Published Fares are the set fares for a route. I know it looks like there are no rules or limits, but there is a structure for every airlines fares.
Consolidated and Nett Fares generally refer to the same thing: An airline might have a pile of unsold seats on a given flight, but if it publicly reduces the rates the inevitable price war will start. So it gives selected travel agents a chance to market the seats at a discount price. These travel agents sell to other travel agents 'Nett Fares' meaning no commission is included. These fares are confidential. This practice is dying out as airlines have much more control of how their products are distributed. Thanks internet! :)

Nett can also refer to "excluding taxes and charges."