Reference no: EM133729
QUESTION 1:
(a). Anyone who has bought an airline ticket will know it is possible to pay anyone of a large number of dissimilar prices to fly a given route
• Briefly describe the factors causing fares to vary
(b) Normal fares are basic public fares published by all airlines. They are the highest fares published for travel in all classes of the aircraft: First, Business and Economy classes and have little boundaries
• What are the attributes of published normal fares?
(c) Various categories of rebates are permitted on normal fares
• What is the IATA code for the subsequent types of passengers: Child, Infant, Student, Young Passengers, and Senior Citizen?
What is the IATA code for the subsequent special fares?
• Excursion, Purchase Excursion, Advance Purchase Excursion, Instant Purchase Excursion, Super Apex.
(d) Extraordinary fares are the cheapest fares, and have a lot of restrictions
• What are the most widespread restrictions found on Excursion Fares?
(e) When a group is travelling the published fare may be ignored. What is the meaning of the subsequent terms?
• Affinity Group
• Common Interest
• Incentive Group
• Non Affinity group
QUESTION 2:
You are a Travel Consultant in an IATA Travel Agency in Rio de Janeiro. A customer Mr. T. Delgado has made the following booking in
economy rank (class):
Rio de Janeiro New York RG 412/ 10 JUL Departure 17.30
New York London BA 920/ 14 JUL Departure 17.30
London Algiers AH 056/ 15 JUL Departure. 10.30
Algiers London BA 241/ 27 JUL Departure 0940
London Athens OK 112/ 09 AUG Departure 14.50
Athens Karachi PK 460/22 AUG Departure 11.00
Karachi Mumbai AI Date unknown
Mumbai Calcutta IC Date unknown
The TPM is as follows after: RIO NYC 4816 NYC LON 3458 LON ALG 1041 LON ATH 1494 ATH KHI 2687 KHI BOM 544 BOM CCU 1035.
Use only tariffs as per Airline Passenger Tariff extracts manual
• Using the IATA methods, compute the cost of the trip, local selling fare.
|
What elements are needed to calculate the look angle
: What elements are needed to calculate the look angle
|
|
Evaluate the division of the net income
: Plan except that Wilkins is also to be allowed a bonus equal to 20 percent of the amount by which net income exceeds the total salary allowances.
|
|
Execute a detailed porter''s five forces analysis
: Evaluate which of Porter's Three Generic strategies you may use as you rebuild The Broadway Cafe for the 21 st century.
|
|
Prepare journal entries in the general fund
: Prepare journal entries in the General Fund of the Brownville School District.
|
|
Iata methods
: Excursion, Purchase Excursion, Advance Purchase Excursion, Instant Purchase Excursion, Super Apex, IATA code, Affinity Group, Common Interest, Incentive Group, Non Affinity group
|
|
Prepare an income statement for the year 2010
: Prepare an income statement for the year 2010, starting with Income from Continuing Operations before Taxes (part a). Consider the tax rate was 40%.
|
|
Evaluate the income taxes
: Complete the flexible budget at the 90,000-unit level of activity. Consider that the cost of goods sold and variable operating expenses vary directly with sales and that income taxes remain at 30 % of operating income.
|
|
Evaluate the amount of clems expenses
: Evaluate the amount of Clem's expenses that are deductible for AGI this year under the subsequent circumstances
|
|
What is your estimate of the present stock price
: What is your estimate of the present stock price What is the target stock price in one year?
|