– ARC’s Joint Advisory Board - Agent Reporting Agreement (JAB-ARA) convened yesterday in a regular semi-annual meeting at ARC’s Arlington, VA headquarters. Present were representatives of ARC’s travel agent and carrier stakeholder groups in addition to representatives of ARC’s management.
In what an ARC representative characterized as a robust meeting, JAB-ARA participants reviewed several product updates but the main focus of the meeting was on ARC’s proposed administrative fees for 2008 (see ARC press release of September 4, 2007). In a split vote of five to five, the fee recommendation will move forward to ARC’s Board of Directors in December. A constructive discussion around this important topic included a suggestion from a representative of the agent community that the collection of the annual administrative fee be divided into two increments in 2008 rather than the typical single debit at the start of the year. This constructive proposal will be considered by ARC management before the proposed fees are presented to the Board for approval.
About the JAB-ARA
The October 18, 2007 Joint Advisory Board –Agent Reporting Agreement participation included the following industry representation
| Jina Sanone - NW |
Barry Richcreek - ARTA |
| Edaly Breban - DL |
Harry Rimm – VIP Travel |
| Paige Blunt - AA |
Brent Thompson – IAC |
| Craig Miller - CO |
Mary Peters – ASTA |
| Eric Wiser - SW |
Dina Dass – AMEX |
| Chris Priebe - SW |
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About ARC
ARC is the premier provider of financial settlement solutions and data and analytical services for the travel industry. Airlines, travel agencies, corporate travel departments, railroads, and other travel suppliers process more than $77 billion annually through ARC’s world-class settlement system, making it the financial backbone of travel distribution. ARC COMPASS®, the leading, trusted source for travel transaction information, powers data and analytical tools that help ARC customers make confident business decisions. ARC is an airline-owned company that builds on values of integrity, teamwork, innovation, cost-effectiveness, and excellence. For more information, please visit
http://www.arccorp.com.
