Airlines Reporting Corporation

Airlines Reporting Corporation (ARC) is a pivotal player in the travel industry, providing essential services that facilitate smooth transactions between airlines and travel agencies. ARC operates primarily in the travel and tourism market, serving a diverse clientele that includes airlines, travel agencies, and corporate travel departments. The company's core business revolves around settlement services, which ensure that payments between airlines and travel agencies are processed accurately and efficiently.

ARC's business model is built on offering a secure, flexible, and cost-effective settlement platform. This platform allows airlines and travel agencies to create customized partnerships, leveraging New Distribution Capability (NDC) to enhance their distribution strategies. NDC is a travel industry-supported program that enables the travel sector to transform the way air products are retailed to corporations, leisure, and business travelers.

The company generates revenue through various services, including data analytics, financial reporting, and revenue recovery services. ARC's data services are particularly valuable, providing insights into airline sales statistics and travel industry trends. These insights help clients make informed business decisions and adapt to market changes.

ARC also offers specialized programs such as the Corporate Travel Department Program, which helps corporations manage their travel needs more effectively. Additionally, ARC provides resources and support to help its clients navigate challenges, such as those posed by the COVID-19 pandemic. This includes guidelines for managing airline schedule changes and information on airline refunds and ticket validity extensions.

In summary, ARC is a crucial intermediary in the travel industry, ensuring seamless financial transactions and providing valuable data insights to its clients. The company's robust platform and comprehensive services make it an indispensable partner for airlines, travel agencies, and corporate travel departments.

Keywords: Settlement Services, Travel Industry, Airlines, Travel Agencies, Data Analytics, NDC, Revenue Recovery, Corporate Travel, Financial Reporting, COVID-19 Support.