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Differences Between Air Fares & Rates

Differences Between Air Fares & Rates

This information will be interesting for both industry vendors and passengers. Opt for the best and the cheapest ticket, for sure!

So the types of airfares go as follows:

  • A Published IATA fare

IATA is a global association of airlines. All regular flights of any carrier can not be performed without its approval. Each air company is assigned a unique organization code which goes as the first three digits are on a ticket. International tariffs regulated by IATA are basic ones, independent of the carrier. Information about them is available in e-directories and reservation systems. read more