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TICKET TRACKING AND REFUNDING SYSTEM AND METHOD

  • US 20050256750A1
  • Filed: 08/04/2005
  • Published: 11/17/2005
  • Est. Priority Date: 07/01/1999
  • Status: Abandoned Application
First Claim
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1. A computer-implemented method for facilitating the automated refund of an unused ticket, the method comprising the steps of:

  • setting an aging period, wherein the aging period establishes a criteria for determining how old a ticket must be before it is assumed that the ticket will not be used;

    identifying, via the first party computer system using data from a third party central reservation system, the scheduled departure date of an issued ticket for a selected purchaser;

    adding, via the first party computer system, the aging period to the scheduled departure date and when the scheduled date plus the aging period is earlier than the current date, determining from data within the third party central reservation system, via the first party computer system that interfaces with the third party central reservation system, whether at least one segment of the ticket has not been used, wherein the segment is one leg of a multi-leg trip;

    when at least one segment of the ticket has not been used, calculating, via the first party computer system and data from the third party central reservation system, the residual value of the ticket, wherein the calculating includes analyzing the residual value of each segment using segment information;

    issuing, via the first party computer system, a refund from a third party carrier, wherein the ticket previously provided access to travel on the carrier; and

    notifying the purchaser of the ticket.

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