Company Overview of Airlines Reporting Corporation
Airlines Reporting Corporation provides transaction settlement and data information solutions for the travel and hospitality industry. Its settlement solutions include alternative distribution channels, memo manager, online carrier reports, ticket resolution service, electronic miscellaneous document, and document retrieval service solutions for carriers; and document retrieval service, electronic miscellaneous document, IAR, Internet sales summary, and memo manager solutions to travel agencies and corporate travel departments (CTDs). The company also provides industry analysis solutions, such as customer relationship management, market/competitive analysis, marketing effectiveness, network/...
3000 Wilson Boulevard
Arlington, VA 22201-3862
Founded in 1964
Key Executives for Airlines Reporting Corporation
Chief Executive Officer and President
Chief Financial Officer and Vice President of Financial Services
Chief Operating Officer and Vice President
Chief Information Officer and Vice President
Vice President and General Counsel
Compensation as of Fiscal Year 2014.
Airlines Reporting Corporation Key Developments
ARC Expands FareSight to Assist Travel Managers for Global Corporations
Jul 29 14
ARC announced that it has partnered with the International Air Transport Association (IATA) to bolster ARC's FareSight and help global corporate travel managers optimize their company's air travel policies and programs worldwide. When development is complete, FareSight will be able to query current and historic data from both IATA's Billing and Settlement Plan (BSP) and ARC's Area Settlement Plan (ASP), providing access to more than 455 million yearly air ticket transactions worth $254 billion. FareSight offers corporate travel managers around the world the ability to compare their air travel costs and patterns across different parts of their enterprise or against like-companies in their country, continent or globally. The solution can profile travelers' preferences based on actual ticket travel—not just preference surveys or policy compliance. This valuable information can be harnessed to understand ways to improve processes and policies.
Airlines Reporting Corporation Announces Sales Results for the First Quarter and for the Month of March 2014
Apr 14 14
Airlines Reporting Corporation announced sales results for the first quarter and for the month of March 2014. Airline tickets sold by U.S.-based travel agencies rose 4.55% year-over-year in the first quarter of 2014 compared to the same period last year, totaling $24 billion versus $23 billion in 2013.
March 2014 ticket transactions increased 2.57% over the same period in 2013 to 39.5 million. Year-to-date passenger segments increased 2.4% to 87.3 million compared to 85.3 million in 2013.
ARC Announces General Availability of Faresight Air Travel Optimizing Tool
Jan 13 14
ARC announced that it has moved FareSight((TM)), the company's web-based tool for corporate air travel optimization, to general availability status. This release is the result of a successful beta program, which involved more than a dozen corporate travel managers. FareSight accesses current and historic ARC data directly related to a travel manager's particular organization, and provides an analysis of their company's air travel patterns and spending. The tool also compares the company's average ticket price for any origin and destination with the overall market. Corporate travel consultants and finance managers can harness FareSight's power to monitor and adjust corporate air travel policies, audit and negotiate airline ticket rates, and identify potential cost savings. FareSight can also help corporate travel managers profile travellers preferences based on actual travel - not just preference surveys or policy compliance.
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