“Both terms are interchangeable, but an airline consolidator purchases a large volume of airline tickets at a discounted rate from airlines and then resells them to travel agencies or directly to consumers. Flight consolidators can negotiate bulk deals with airlines, offering lower prices than those available through traditional booking channels.”
“The commission rates vary and depend on the agreements between the consolidator and the travel agency selling the tickets. This is where net fares and published fares come into play. With net fares, the travel agent can market and set their commission, whereas, with published fares, a set percentage is paid out.”
“Because airline consolidators negotiate discounted airfare rates with airlines, travel agents can markup the ticket prices. This allows them to make a profit while still offering prices lower than those available through traditional channels.”
“PNR means Passenger Name Record. It’s 6 alpha-numeric characters that locate the reservation. There is one PNR for the GDS (see below) and one for each airline.”
“NDC, or New Distribution Capability, is a set of industry standards developed by the International Air Transport Association (IATA) to modernize and standardize how airlines distribute their products and services to travel agents, travel management companies, and other distribution partners.”
“NDC is important because it enables airlines to provide more personalized and dynamic offers to travelers through various channels, enhancing the booking experience, and allowing for better customization of travel services.”
“No, NDC benefits both airlines and travel agents. While it was initially developed by airlines, travel agents can also use NDC to access real-time information and offer enhanced services to clients.”
“NDC is not intended to replace GDS, but to complement existing distribution channels. It offers airlines and travel agents additional flexibility and capabilities beyond what traditional GDS systems provide.”