Rationale

Rationale underlying the basic concept of the AIR TRAVELMILE™:

·        Airline needs are: 

·        Capital

·        Customer loyalty

·        Profitable fares

·         Competitive,low-fare options

·        Growth

·Wien hotels        Air travel consumer needsare:

·        Logical, predictable, reasonable fares

·cheap hotel in Brighton        Travel with less restrictions

·        Attractive, sound, investments

·        The owner of a business usually receives the product orservice of that business at a cost lower than that of a regularcustomer.  Sometimes hereceives it free. 

·        The employees of a business usually receive a similarbenefit.  At airlines,they usually receive it free.

·        Therefore, the consumer is made an owner/lender/financialpartner in the airline business by his investing in an AIR TRAVEL MILE™ financialinstrument that provides the airline with new capital. He is nowentitled to a similar benefit also. 

·        His benefit, in addition to the monetary return on hisinvestment, is the right to air travel at reduced, known-rate fareswhich are based on the distance to be flown.  This benefit nowties him to the airline he has partnered with and makes him a loyalcustomer.

·        His cost for air travel is now more affordable and easy tocompute; therefore, he is able to predict costs and budgetaccurately for future travel.  This seems fair and rational tohim.  This is especially important to budget-minded corporateand institutional entities..

·        Even though he may at times shop for fares that arelower than his AIRTRAVEL MILE™ fares,he will seldom find them without the inconveniences of restrictionsand non-refundable purchse provisions.  These inconvenienceswill frequently drive him to use his AIRTRAVEL MILE™ faresinstead of even lower discount fares when the latter areavailable.. 

·        AIRTRAVEL MILE™ fares,though reduced, are always profitable to the airline.  They should therefore bedesirable not only to the consumer, but to the airline also as anew, profitable, low-fare option.

·        Because the AIRTRAVEL MILE™ owner/consumer pays less and travels moreconveniently, he will travel more, and there will increasingly bemore like-minded consumers wanting to purchase and own the samebenefit. 

·        Because this produces more capital, more travel atprofitable fares, and airline growth, airline financial performanceshould improve.  Also, because this source of revenue isreasonably predictable, airline financial management is madeeasier.

·        Airline financial performance should also improve as aresult of return-on-investment from the new capital generatedby the sale of AIR TRAVELMILE™ financial instruments.

·        Airlines, travel service companies, technology serviceproviders, and the financial services industry in partnershipprovide a sophisticated and natural marketing and operationsinfrastructure for the product.recensione sull'albergo Naples

Conclusions:

AIR TRAVEL MILE™ financial instrumentsprovide the following:

To theairline:

               ·         An exciting, distinctive, fresh newproduct

                ·         A demand-driven product that will sellitself

               ·         A product with powerful economicpotential

           ·         Significant newcapital

               ·        Increased customer loyalty  

            ·        Customers who always pay a profitable fare

            ·        A new, profitable, low-fareoption

           ·        A stabilizing effect on the revenue formula

            ·        Improved financial performance

           ·        Growth

           To the air travel consumer:

               ·        Airtravel fares based on the distance to be flown

               ·        Airtravel at affordable, logical, consistentrates

            ·      Air travel atpredictable and planable rates

                ·        Air travel that is more convenient

           ·        Air travel in all three classes; first, business, andcoach

           ·        An attractive, sound investment in the issuingairline

Please contact GEC directly to obtain more detailedinformation about the AIR TRAVEL MILE™ and thelicensing requirements for its use. 

Patentpending