ARC ANNOUNCES FLEX-RATE PLAN TO INCREASE CARRIER VOLUME
The Airlines Reporting Corporation (ARC) is introducing Flex-Rate - an optional transaction pricing model for ARC participating carriers that provides a significant incentive for shifting new volume to the ARC agency reporting and settlement system. Under the Flex-Rate Plan, carriers growing their year over year transactions can enjoy a dramatically reduced transaction fee for the incremental new volume.
"ARC's premiere technologies for reporting and settlement deliver unequaled economies of scale and potential savings to the airlines," says Mike Premo, Vice President of Marketing, Sales and Customer Care. "However, in an industry operating under the tightest of margins and facing unprecedented market challenges, innovative thinking is required in order to affect real change. We believe this opt-in plan for airlines offers access to ARC's technologies at an attractive price point. Whether they choose this for increased use of the tested and proven ARC travel agency channel or to process portal or direct web-site bookings, this plan rewards carriers in the short-term and contributes in the long term to ARC's unrivaled economies of scale," added Premo.