Free TICO Travel Industry Laws Questions and Answers 1

Question 1

What does the acronym TICO stand for?

Accepted Answer

Travel Industry Council of Ontario

Answer

The acronym TICO stands for Travel Industry Council of Ontario. This organization is responsible for regulating and enforcing the Travel Industry Act in Ontario, Canada. They ensure that travel agencies and websites comply with the law and protect consumers by providing compensation funds and resolving disputes. The Travel Industry Council of Ontario plays a crucial role in maintaining the integrity and quality of the travel industry in the province.

Question 2

What does IATA stand for?

Accepted Answer

International Air Transport Association

Answer

IATA stands for International Air Transport Association. This organization represents and serves the airline industry worldwide. They work to improve safety, security, efficiency, and sustainability in air transport. They also provide various services and support to airlines, travel agents, and other stakeholders in the aviation industry.

Question 3

What does ARC stand for?

Accepted Answer

Airlines Reporting Corporation

Answer

The correct answer is Airlines Reporting Corporation. The ARC is a company that provides settlement services between airlines and travel agencies. They handle the financial transactions and reporting for ticket sales, ensuring that the airlines are properly compensated for the tickets sold by travel agencies.

Question 4

For a CRS what does the acronym PNR stand for?

Accepted Answer

Passenger Name Record

Answer

The acronym PNR stands for Passenger Name Record. A Passenger Name Record is a unique identifier used in the airline industry to store and retrieve information about a passenger's travel itinerary. It typically includes details such as the passenger's name, contact information, flight details, seat assignment, and any special requests or preferences. The PNR allows airlines and travel agencies to efficiently manage and track passenger reservations and ensure a smooth travel experience for the passenger.

Question 5

What does GDS stand for?

Accepted Answer

Global Distribution System

Answer

GDS stands for Global Distribution System. This system is used in the travel industry to provide a centralized platform for travel agents and online travel websites to access and book flights, hotels, car rentals, and other travel services. It allows for real-time availability and pricing information, as well as the ability to make reservations and issue tickets. The GDS connects various travel suppliers, such as airlines and hotels, with travel agents and customers, making it easier to search and compare options, and ultimately facilitating the booking process.

TICO - Travel Industry Council of Ontario Practice Test

TICO - Travel Industry Council of Ontario Practice Test

Free TICO Travel Industry Laws Questions and Answers 1