| Credit cards fraud and their effect on the LCC | | | | watchers claiming data theft, identity theft and misuse |
| Many Low Cost Carriers have emerged in the Indian | | | | of credit cards to buy cheap LCC tickets and sell |
| and neighboring skies and allied business reports have | | | | them at premium prices being a real headache for |
| been filtering in ever since as to their positive and | | | | genuine flight operators. |
| negative role-play in what can be the possible future | | | | Understanding the concept, consequences and impact |
| of the travel industry, related fields of business and | | | | of credit card fraud on the LCC |
| passengers. However, while most of the world at large | | | | The travel industry has fast realized the negative |
| is rejoicing at the prospects of big savings and bigger | | | | consequences of launching a customer friendly |
| special discounts given by these LCC's to regular, | | | | scheme of ticket-purchase via credit cards as many |
| middle class customers that couldn't have afforded | | | | big players have burnt their fingers and reputation, in |
| air-travel before this option emerged, there is | | | | trying to uphold their market image after the sudden |
| wide-spread panic within the LCC providing services: | | | | impact of credit card fraud on the LCC has been |
| the impact of credit card frauds on the LCC being the | | | | publicized. |
| greatest cause of concern for the travel industry. | | | | The management of LCCs and that of smaller travel |
| The impact of credit card fraud on the LCC and how | | | | agencies where sometimes the booking is outsourced |
| it has led to a greater necessitation for enhanced data | | | | to, as affiliate partners have been under cloud as |
| security and safer means of alternate transaction of | | | | reports of credit card fraud in the travel industry have |
| tickets for LCC customers and corporate ticket buying | | | | costing the airline industry about $1.5 billion annually filter |
| is hanging in the balance currently with industry | | | | in! |