Faremax, Inc., online retailer of discount airline tickets, vacations and cruises, announced this week that it had received ARC/IATA accreditation which will allow the agency to issue its own airline tickets.

Marlboro, NJ (PRWEB) November 13, 2006 -- Faremax, Inc., online retailer of discount airline tickets, vacations and cruises, announced this week that it had received ARC/IATA accreditation which will allow the agency to issue its own airline tickets rather than buy via third parties. Faremax already offers significant discounts to its customers, and it is anticipated that accreditation will result in ever deep price cuts.

ARC (the Airlines Reporting Corporation) handles the disbursement of cash and issuance of tickets between travel agents and American and international airlines. IATA (the International Air Transport Association) regulates competition and pricing between its member airlines. Agents that lack their own ARC/IATA accreditation must process reservations through third-party providers, meaning an extra cost must be passed on to the end-customer. Accredited agents, on the other hand, are often in a position to negotiate directly with the airlines thus offering deeper discounts.

Ilya Epshteyn, Faremax CEO, is pleased that the long and stringent application process for accreditation has been successful. "These guys do not give accreditation to everyone," he says, "and although we've been an established and well-known reseller of airline tickets for some years we still had to prove that we're a serious, competent organization."

Epshteyn is confident that the effort has been worth it, though: "we were already offering big discounts to our customers -- now we're going to be one of the most competitive agencies out there. With travel prices going up all the time, we think it's important to deliver real value to our customers."

For more information visit http://www.faremax.com

faremax.com is a leading vendor of discounted leisure travel products, offering consumers affordable one-stop shopping for all of their travel needs. The company offers consumers one of the largest collections of discounted airfares (more than one million unpublished fares offered on more than 600 major airlines), car rentals and hotel accommodations in the industry. By only partnering with trusted travel brands, faremax allows budget travelers to buy higher quality travel for a lower price. Faremax matches the needs of two groups: customers who can be flexible about their choice of airline, hotel and car rental company in order to save money, and suppliers who have excess seats, rooms and cars they want to fill.