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June 01, 2015 9:48 PM ET

Software

Company Overview of Airlines Reporting Corporation

Company Overview

Airlines Reporting Corporation provides transaction settlement and data information solutions for the travel and hospitality industry. Its settlement solutions include alternative distribution channels, memo manager, online carrier reports, ticket resolution service, electronic miscellaneous document, and document retrieval service solutions for carriers; and document retrieval service, electronic miscellaneous document, IAR, Internet sales summary, and memo manager solutions to travel agencies and corporate travel departments (CTDs). The company also provides industry analysis solutions, such as customer relationship management, market/competitive analysis, marketing effectiveness, network/...

3000 Wilson Boulevard

Suite 300

Arlington, VA 22201-3862

United States

Founded in 1964

Phone:

703-816-8000

Fax:

703-816-8104

Key Executives for Airlines Reporting Corporation

Chief Executive Officer and President
Age: 58
Chief Financial Officer and Vice President of Financial Services
Chief Operating Officer and Vice President
Chief Information Officer and Vice President
Vice President and General Counsel
Compensation as of Fiscal Year 2014.

Airlines Reporting Corporation Key Developments

Airlines Reporting Corporation Reports Sales Results for the Month and First Quarter Ended March 2015

Airlines Reporting Corporation reported sales results for the month and first quarter ended March 2015. For the month, the company's sales increased 2.23% to $8.7 billion against the same month last year. For the quarter, the company's sales increased 20% increase in the first three months of 2015 compared to the same period in 2014, totaling $24.1 billion versus $24 billion.

Airlines Reporting Corporation Reports Sales Results for the Month and Year to Date Ended February 2015

Airlines Reporting Corporation reported sales results for the month and year to date ended February 2015. For the period, the company's sales increased slightly by 0.03% to $7.7 billion against the same month last year. For the year to date, the company's sales decreased 0.91% for the first two months of 2015 compared to the same period in 2014, totaling $15.4 billion against $15.6 billion a year ago.

ARC Expands FareSight to Assist Travel Managers for Global Corporations

ARC announced that it has partnered with the International Air Transport Association (IATA) to bolster ARC's FareSight and help global corporate travel managers optimize their company's air travel policies and programs worldwide. When development is complete, FareSight will be able to query current and historic data from both IATA's Billing and Settlement Plan (BSP) and ARC's Area Settlement Plan (ASP), providing access to more than 455 million yearly air ticket transactions worth $254 billion. FareSight offers corporate travel managers around the world the ability to compare their air travel costs and patterns across different parts of their enterprise or against like-companies in their country, continent or globally. The solution can profile travelers' preferences based on actual ticket travel—not just preference surveys or policy compliance. This valuable information can be harnessed to understand ways to improve processes and policies.

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Recent Private Companies Transactions

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