Abacus Unveils Automated Ticket Exchange for Net Fares
by Michele McDonald /Abacus International, the Asia-Pacific GDS company, said it launched the “first and only” automated exchange solution for net fares, with Singapore Airlines as the launch customer.
Abacus said 40% to 60% of tickets issued by travel agents in key Asian markets are for net fares not published through ATPCO.
Those fares are available to agents through Abacus’ private fare database, Abacus FareX.
With net fares on the rise, Abacus said the new Abacus FareX Automated Exchange will save time, reduce errors and drive additional revenue for agents and airlines.
Abacus said airlines will benefit through rapid distribution of net fare content and reduction in the administrative overhead associated with processing ADMs.