Airfare Pricing and Fare Rules Course

Lesson 1 • Cabin Classes and Inventory Buckets

Distinguishes physical cabin classes from inventory booking classes used in revenue management. Clarifies why multiple fares exist within a single cabin.

Lesson 2 • The Airline Pricing Ecosystem

Maps the relationships among airlines, distributors, and travellers that shape fare availability. Grounds all subsequent pricing concepts in real-world commercial context.

Lesson 3 • Core Fare Terminology

Defines published fare, private fare, base fare, taxes, and surcharges. Precise vocabulary prevents misinterpretation when reading fare rules and tariffs.

Lesson 1 • Journey Types and Pricing Units

Defines one-way, round-trip, circle-trip, and open-jaw journey types and their pricing implications. Establishes the pricing unit concept central to all fare construction.

Lesson 2 • Add-On Fares and Construction Points

Introduces add-on fares used when no direct fare exists between two points. Learners construct through-fares using gateway and add-on amounts.

Lesson 3 • Directionality and Global Indicators

Explains how travel direction and routing area affect which fares apply to an itinerary. Learners select correct global indicators to avoid invalid fare combinations.

Lesson 4 • Combining Fares: Half Round-Trip Rules

Covers the conditions under which half round-trip fares may be combined to price a journey. Learners apply combination rules to build valid multi-segment fares.

Lesson 1 • Minimum and Maximum Stay Rules

Defines minimum stay, maximum stay, and day-of-week anchoring conditions. Learners determine whether an itinerary satisfies stay requirements before pricing.

Lesson 2 • Structure of a Fare Rule

Outlines the standardised category structure used across airline tariff systems. Learners navigate any fare rule record efficiently without missing critical conditions.

Lesson 3 • Stopovers, Transfers, and Open Jaws

Distinguishes stopovers from transfers and explains permitted open-jaw conditions within fare rules. Learners correctly classify connection points to avoid rule violations.

Lesson 4 • Blackout Dates and Seasonality

Covers travel blackout periods, seasonal fare validity windows, and day-of-week restrictions. Learners identify valid travel dates before confirming a booking.

Lesson 5 • Eligibility and Passenger Type Conditions

Covers passenger type codes, eligibility requirements, and accompanying passenger rules. Learners verify traveller qualification before applying a restricted fare.

Lesson 1 • Government Taxes and Airport Fees

Categorises departure, arrival, transit, and passenger facility taxes by their functional purpose. Learners identify which taxes apply to each flight segment.

Lesson 2 • Total Price Transparency Requirements

Covers mandatory full-price display rules and itemised fee disclosure standards in fare quoting. Learners present compliant, accurate fare quotes to travellers and clients.

Lesson 3 • Carrier-Imposed Surcharges

Explains fuel surcharges, carrier surcharges, and their disclosure requirements in total fare display. Learners distinguish carrier fees from government taxes in any fare breakdown.

Lesson 1 • Ticket Validity and Coupon Control

Explains ticket validity periods, coupon use sequence rules, and the consequences of out-of-sequence use. Learners protect ticket integrity throughout the travel journey.

Lesson 2 • Electronic Ticket Structure

Describes the data fields, coupon sequence, and status codes of an electronic ticket record. Learners read and verify any e-ticket before travel or reissuance.

Lesson 3 • Ticket Issuance Validating Carrier Rules

Defines the validating carrier concept and the rules governing which airline may issue a ticket. Learners select the correct validating carrier for interline itineraries.

Lesson 4 • Endorsements and Restrictions

Covers endorsement boxes, non-endorsable fare conditions, and interline endorsement procedures. Learners correctly endorse tickets and recognise when endorsement is prohibited.

Lesson 1 • Reissuance and Repricing Logic

Details the reissuance process, historical fare retention rules, and when repricing at current fares is required. Learners execute reissuance without inadvertently voiding fare benefits.

Lesson 2 • Involuntary Change Procedures

Explains airline-initiated schedule changes, cancellations, and the passenger rights triggered by each. Learners rebook or refund travellers correctly under involuntary change rules.

Lesson 3 • Refund Rules and Calculations

Covers refundable vs. non-refundable fare conditions, cancellation penalty calculations, and refund processing timelines. Learners calculate net refund amounts accurately.

Lesson 4 • Unused Ticket Management

Addresses residual value tracking, MCO usage, and agency obligations for unrefunded unused tickets. Learners manage unused ticket liability and recover value where possible.

Lesson 1 • Revenue Management Fundamentals

Introduces yield management, load factor optimisation, and the economic rationale for dynamic pricing. Learners understand why the same seat sells at vastly different prices.

Lesson 2 • Pricing Strategy by Passenger Segment

Covers price discrimination between leisure, corporate, and group segments and the fare products designed for each. Learners match fare products to traveller segments effectively.

Lesson 3 • Fare Class Availability Controls

Explains bid price controls, nested availability, and how airlines open and close booking classes. Learners predict availability shifts and advise on booking timing.

Lesson 4 • Competitive Pricing and Fare Matching

Analyses how airlines monitor competitor fares and respond with targeted fare actions. Learners recognise competitive pricing signals and their impact on available fares.

Lesson 1 • Multi-Stop and Circle-Trip Pricing

Extends fare construction rules to itineraries with multiple stops across several carriers and regions. Learners build valid multi-stop fares using correct combination and routing logic.

Lesson 2 • Infant, Child, and Unaccompanied Minor Fares

Details age-based fare percentages, seat entitlement rules, and unaccompanied minor service fees. Learners apply correct fare levels and document special service requirements.

Lesson 3 • Group Fare Pricing and Contracts

Explains group size thresholds, name release deadlines, deposit structures, and group fare negotiation. Learners manage group bookings from quote to final ticketing.

Lesson 4 • Round-the-World Fare Products

Covers alliance-based and carrier-specific round-the-world fare structures, mileage banks, and directional rules. Learners price and validate round-the-world itineraries within product constraints.