Introduction

Introduction: Airline Revenue Accounting has played a major role in filling the seats in the planes of airlines and thereby bringing the cost of Air Travel within the reach of common travellers. Different forms of Co-operation amongst the airlines, its detailing and the technology supporting it is a complex subject and needs in-depth study. There are thousands of professionals engaged in this domain and many more aspirants. There is no formal training available in this domain and most of the staff have learned while working. Therefore the objective of this course is to create a benchmark, certification and qualification for those who wish to work in this domain. It will also be beneficial for those employers to get readily trained manpower for the exact job function.

What you will learn

• Introduction to Revenue Accounting
• Overview of APRA
• Interlining & Interline Agreements
• Interline Revenue Accounting
• Interline Settlement Process
• Interline Clearing Organizations
• Reference Manuals & Terminology
• Proration & Prorate Agreements
• Proration Calculations
• Automation of Revenue Accounting
• Automated Revenue Accounting Systems
• Future of Interline Accounting

Learning Outcomes

After completing this course, you should be able to:

• Get an overview of Airline Passenger Revenue Accounting
• Understand Interlining concept and Interline Agreements
• Know the details of Interline revenue accounting system
• Know various organizations involved in Interline Settlement such as IATA's Clearing House, Airline Clearing House eetc.
• Understand Interline & Proration Terminology
• Gain knowledge about Proration concepts
• Understand Special Prorate Agreement (SPA) & Multilateral Prorate Agreement (MPA)
• Calculate the prorate value of passenger coupons in accordance with the rules of the Multilateral Proration Agreement - Passenger
• Understand Rules with regards to Provisos
• Understand automation of Interline Revenue Accounting
• Know different Automated Systems in Interline Accounting
• Understand the future of Interline Accounting - IATA's Simplified Interline System