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Airlines Reporting Corporation
The Airlines Reporting Corporation (ARC) is a company which provides ticket transaction settlement services between airlines and travel agencies (both traditional and online) and the travel management companies that sell their products in the United States. ARC, which is owned by nine major airlines, also offers its transactional data within various industries, including financial, to help them gain better insight into the airline industry. ARC assists more than 9,400 travel agencies with 13,000 points of sale and 200 airlines to easily engage in commerce. In 2014, ARC processed more than $89 billion worth of transactions for its customers.
==History==
ARC was established on September 17, 1984 as a Privately held company following airline deregulation in the United States. The corporation began operations on January 1, 1985 in Washington, D.C., settling financial ticket transactions between airlines and travel agencies. ARC is the successor to the Air Traffic Conference of America, an operating division of Airlines for America, formerly known as the Air Transport Association of America, Inc. (ATA).
ARC's primary mission is to support the travel industry by providing transaction settlement between travel suppliers and resellers. The corporation also accredits travel agencies in the United States to sell airline tickets, and provides data information services and analysis based on archived aggregated data.
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