Monday, July 2, 2012

Glossary C

  • Cancellation penalty - A fee to charged to customers that cancel flights after booking reservations.  Fees typically vary based on the agency or carrier.
  • Commission- A small fee that a travel agency or services adds to the total fee in order to make money.
  • Consolidator - A business that has contracts with airlines to sell tickets in bulk, generally at a discounted rate.
  • Corporate agency - A travel agency that usually caters to medium-large sized businesses.

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