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ARC Eliminates Ticket Stock Return RequirementMarch 18, 2010 By: George Dooley
Effective April 12, Airlines Reporting Corporation (ARC) has eliminated the requirement that travel agents return unused ticket stock to ARC. Travel agents whose e-ticketing or other business practices have reduced their reliance on paper stock can destroy unused surplus and account for it by means of a simple affidavit submitted to ARC. With this policy change agents will no longer incur the expense of securing and shipping their unused stock to ARC.
“We are continually reviewing our processes and adapting them to reflect current trends in the industry,” says Lauri Reishus, general manager of industry products and services for ARC. “With less than one percent of ARC sales coming from paper tickets, we feel that this change provides adequate controls for ticket stock while also helping agencies to save time and money.”
New Process for Accounting and Destroying Unused Ticket Stock
* Download form 116 (Affidavit for Accountable Traffic Document Destruction)
* Complete the form electronically, prepare the affidavit and proofread the stock control numbers to ensure accuracy. If you are destroying large quantities of stock and the inventory will not fit on one page, use additional forms as necessary
* Fax the completed form to ARC at 703-341-1228
* Once the completed Affidavit for Accountable Traffic Document Destruction has been faxed to ARC, you need to destroy the documents listed on the form per the ARC destruction guidelines; Section 3.6, page 22 of the Industry Agents’ Handbook.