Airlines that participate in airline alliances such as Star Alliance, SkyTeam or oneworld almost always have interline agreements. However, direct competitors may also benefit from interline agreements. An agreement ticket, commonly known as a commercial ticket, is a record of all the basic terms, conditions and information of a trade agreement. The creation of an agreement note occurs after the transaction of shares, futures or other derivatives. Interlining, also known as interline ticketing and interline booking, is a voluntary commercial agreement between individual airlines to process passengers traveling on routes requiring multiple flights with multiple airlines.  Such agreements allow passengers to switch from one airline flight to another without having to pick up their luggage or check it in again. Airlines can also promise a free rebooking if the route is interrupted due to a delay. The treatment of confidential information. Each party recognizes the importance of the confidential information of the others. In particular, each Party acknowledges and agrees that the confidential information of the other Party is essential to their respective activities and that neither Party would conclude the travel agent`s ticketing contract without ensuring the protection of such information and its value, as provided for in that provision. Accordingly, each party agrees as follows: (a) the receiving party shall remain strictly confidential any confidential information it receives and will use and authorize confidential information for the sole purpose of the travel agency`s ticketing agreement. The receiving party will expressly order its employees and representatives not to disclose confidential information to third parties without the prior written consent of the disclosed party, including, but not limited to, customers, subcontractors or consultants; and (d) The party receiving information will immediately notify the disclosed party of any unauthorized disclosure or use and will cooperate with the disclosing party to protect all proprietary rights and ownership of its confidential information.
When a ticket is issued for an interline route, one of the airlines on that route is chosen by the ticketing agent as the issuing airline, commonly referred to as a „plating company“. Plating Carrier collects the total price of the ticket from the customer, either through its own distribution channels (e.g. B website or ticket office), either through travel agencies. Travel agencies pay the airline fares and taxes collected through the Airlines Reporting Corporation (ARC) in the United States or through the Purchase and Settlement Plan (GNP) in the rest of the world. . . .