In this course you can understand the complete idea how travel agency business works and how you can start this business in low Budget
brief of IATA and Non-IATA travel agency business models:
IATA Travel Agency
Definition: An IATA-accredited agency is recognized by the International Air Transport Association, allowing it to directly issue airline tickets.
Key Features:
Can issue tickets directly using the IATA BSP (Billing and Settlement Plan).
Requires financial guarantees, office setup, and trained staff (e.g., IATA-certified personnel).
Pays annual fees to IATA.
Works directly with airlines for commissions or net fares.
Usually handles higher volumes and corporate clients.
Best for: Established agencies with high sales volume and infrastructure.
Non-IATA Travel Agency
Definition: A travel agency without IATA accreditation, typically works through an IATA-accredited agency or consolidator to issue airline tickets.
Key Features:
Cannot issue tickets directly; relies on third-party IATA agencies.
Lower operational cost and entry barriers.
Focuses more on packages, hotels, tours, and visa services.
Earns commissions or service fees on bookings.
Best for: New or small agencies, online travel agents (OTAs), or niche travel consultants.
