Airlines Reporting Corporation (ARC) has announced the successful testing and implementation of enhancements to its settlement platform, initially announced late last year, the company said.
In October, ARC began the testing process with airline partner British Airways to ensure the functionality and flexibility of these enhancements. As a result of this collaboration, ARC´s settlement platform is now ready to facilitate the full spectrum of distribution strategies for ARC participating airlines, including New Distribution Capability (NDC), while continuing to support existing systems and processes. This implementation gives airlines and travel agencies more options to create bilateral agreements that make enriched, customized air travel content more accessible.
With ARC´s enhanced platform, each airline can implement the features that best match its distribution strategy. This includes the ability for airlines to set settlement parameters for NDC transactions, the option to use neutral ARC or airline ticket stock, the acceptance of both ARC and IATA sales file formats and multiple credit card billing options.
The Airlines Reporting Corporation (ARC) is the premier driver of air travel intelligence and commerce in the travel industry with business solutions, travel agency accreditation services, process and financial management tools and high-quality data. In 2017, ARC settled USD 88.5 billion worth of airline ticket transactions for more than 7,000 travel agencies with 12,000 points of sale. Established in 1984, ARC is an ISO 27001 certified company headquartered in Arlington, Virginia, with offices in Louisville, Kentucky, Tampa, Florida and San Juan, Puerto Rico. For more information, visit www.arccorp.com and www.twitter.com/arctalk.