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Fare Calculation

Fare Calculation. Fare Calculation. Four different ways to calculate airfares in the Philippines. Rate sheets Passenger Air Tariff Global distribution system’s Fare Quotation Display (FDQ) Airline’s Rate Desk. MPM. Headlines/ Sideline Cities. Global Indicator. Rule. Fares.

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Fare Calculation

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  1. Fare Calculation

  2. Fare Calculation Four different ways to calculate airfares in the Philippines. • Rate sheets • Passenger Air Tariff • Global distribution system’s Fare Quotation Display (FDQ) • Airline’s Rate Desk

  3. MPM Headlines/ Sideline Cities Global Indicator Rule Fares PASSENGER AIR TARIFF NUC Fare Type Local Currency Carrier code Route Reference

  4. Basic Fare Calculation Procedures Step by step formula for fare calculation used by the airlines’ Rate Desk as follows: • Establish the type of journey. • Establish the Category of air fares published with rule reference. • Fares published with direction codes-global indicators-can have different Maximum Permitted Mileage.

  5. Basic Fare Calculation Procedures • If no direct flights exist between points of origin and destination, fares must be constructed using the mileage system. The correct steps are: -Establish the Fare Break Point (FBP) -Establish the Neutral Unit of Construction (NUC) -Note the Maximum Permitted Mileage (MPM) -Add the Ticked Points Mileage (TPM)

  6. Basic Fare Calculation Procedures • The resulting total of each component is the Construct Fare (CF). • Check and apply any minimum-fare rule shown in the General Rules book of the Passenger Air Tariff. • Add the CF of all fare components for a Total (TTL) • Convert the TTL at the applicable Rate of Exchange (ROE) currency, and round off the Local Selling Fare (LSF). • Complete all the relevant boxes of the Ticket with the applicable taxes.

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