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ARC Corporate Communications
4100 N. Fairfax Drive, Suite 600
Arlington, VA 22203-1629
703 816-8525
Fax: 703 816-8168
corpcom@arccorp.com
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About ARC
ARC is the premier financial transaction processing and settlement corporation that facilitates the distribution of travel products and related information in the United States, Puerto Rico, and the U.S. Virgin Islands. There are nearly 30,000 ARC accredited travel agency locations and approximately 130 participating airlines and railroads in ARC's settlement system. Using increasingly sophisticated electronic means for ticket distribution, reporting, and remittance, these points of sale are responsible for air and rail sales of nearly $65 billion a year. For more information about ARC, please visit www.arccorp.com.
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ARC UPDATES JAB-ARA ON BUSINESS PROCESS INITIATIVES
May 5, 2003 - Arlington, VA
- ARC's Joint Advisory Board - Agent Reporting Agreement (JAB-ARA)
met by teleconference on April 30 to be updated on ongoing
business process initiatives. ARC management briefed travel agent and carrier
representatives to the JAB-ARA on progress toward the June 4 implementation of BPI -
Phase I - the new voiding process and associated business process improvements.
Of particular interest to the group were recommendations from the Agent Working Group
(AWG) establishing priorities for addressing opportunities to improve the exchange
transaction processing. The AWG identified a list of technical improvements that would
serve to make the complicated exchange transaction easier to process through ARC's
electronic reporting system. Within the context of ARC's four-month dialog with the
agent community concerning BPI Phase I, ARC committed to aggressively pursue a
resolution to the half-dozen top priorities, as identified by the AWG, concerning
exchange transaction processing in coordination with ARC's stakeholder communities.
Toward this goal, ARC will be working with travel agents, carriers, and GDSs to seek
cooperation for a coordinated and aggressive approach.
Also related to BPI is a commitment from ARC to provide travel agents and CTDs with a
letter intended for further distribution by the agent and CTD to their customers. This
letter explains that the new void rules are ARC mandated rather than imposed by the
individual agent or CTD. The letter was suggested as a means of helping the agent and
CTD in the event that a customer threatens to take their business elsewhere in the hope of
being met by more liberal void opportunities. The letter is available in ARC's Web site
at http://www.arccorp.com/news/news_imp_bus_proc.html.
for agents to retrieve and print at their discretion.
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