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Sichuan Airlines (3U/876) has joined ARC as a participating carrier effective Monday, October 28 (PED November 3, 2013).
Sichuan Airlines Co., Ltd, established in September 1986, is one of the fastest growing Chinese airlines, with headquarters in Chengdu, Sichuan in the Republic of China. Sichuan Airlines currently operates scheduled service from three main hubs: Chengdu Shuangliu International Airport, Chongqing Jiangbei International Airport and Kunming Changshui International Airport. With networks in Hangzhou, Sanya, Beijing, Xian, and Harbin, this allows Sichuan Airlines to cover 79 domestic Chinese cities. Sichuan Airlines has also expanded its regional and international network to include Hong Kong, Taiwan, Seoul, Maldives, Phuket, Saipan, Jakarta, Ho Chi Minh, Vancouver and Melbourne. Sichuan Airlines currently operates the largest of all Airbus fleets with a total of 81 Airbus aircraft.
Sichuan Airlines has elected the General Concurrence method of agent appointment, whereby all ARC agents are automatically appointed as agents of Sichuan Airlines unless specifically advised to the contrary by the carrier. At this time, Sichuan Airlines accepts cash as the only form of payment through ARC.
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Did you know it is possible to make incremental or partial payments for required increases of the bondable amount of the Financial Instrument? This information is explained in section 2, sub-section 11 of the Industry Agent Handbook (IAH).
Each agent must maintain a bond, letter of credit (LOC) or cash security deposit (CSD) consistent with the computation described in the Agent Reporting Agreement (ARA). Accordingly, any required adjustment of the bond or LOC to provide coverage in excess of the minimum must be made each time the Financial Instrument is renewed (anniversary date), reinstated, or replaced. This means, of course, that the agent must review Financial Instrument coverage at least once each year. An example of an exception to the annual review is if the agent submits an application for a branch office. In that case, the agent's bond, LOC or CSD must be in the proper form and amount before ARC can approve the application.
Unless otherwise required by the ARA or the Travel Agent Arbiter (TAA), ARC will monitor Financial Instrument amounts once a year and will advise agents 90 days in advance of the anniversary date of the Financial Instrument of any increase required. Agents are required to make the necessary adjustments to their bond, LOC or CSD on or before the anniversary date, or when a bond or LOC is reinstated or replaced. If the required amount of increase is greater than $10,000, the agent may increase the bond, LOC or CSD by 25% of the total amount required but in no instance less than $10,000. Each increase must be made every 90 days beginning with the anniversary date of the bond or letter of credit.
If you have any questions, please contact the Customer Care Center at (855) 816-8003 or email@example.com. We'd be more than happy to assist you.
Please distribute the ARC TAC among staff and colleagues.
ARC Customer Care Center | Tel. (703) 816-8003 | Fax (703) 816-8039 | firstname.lastname@example.org
ARC Corporate Communications | Tel. (703) 816-8525 | Fax (703) 816-8168 | email@example.com