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APPLICATION ARC American Reporting Company  Form

APPLICATION ARC American Reporting Company Form

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I think the biggest change in the settlement system over the last 50 years has been the increasing efficiency of it [Music] [Applause] [Applause] [Music] [Music] [Applause] [Music] as the airline's decided they wanted to have more marketing reach they appointed travel agents in turn to do that and it wasn't long before back when we got into it in 1959 that you had to be appointed by each individual air carrier from an airline perspective there's a lot of benefit in the agency system at that time because agents provided geographic coverage the only way to fly was with a paper ticket you had to buy it somewhere and buying it at the last minute the airport probably wasn't the most wise course of action for the consumer every airline had to have their stock in every individual agency so if there were thousand travel agents they have to provide tickets to each of the thousand agents and whatever they had to set up for a reporting frequency if it was a every 1

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