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For Business, Corporate Travel & Meeting Buyers & Arrangers

Glossary beginning with B

Baffled by an acronym? Our corporate travel glossary should help clear away misconceptions and have you talking like a pro.
Click one of the letters above to go to the page of all terms beginning with that letter.
BAR UK

Board of Airline Representatives in the UK: The industry association for scheduled airlines undertaking business in the UK. It represents 86 scheduled airlines in the UK in their dealings with government, government departments, regulators and airport operators. www.bar-uk.org

BATA

British Air Transport Association is the trade body for UK-registered airlines. The 10 member airlines are: Bmi, British Airways, DHL, Easyjet, Flybe, Jet2.com, Monarch, Thomas Cook, Thomson Airways and Virgin Atlantic.

billback

A system whereby instead of a traveller settling directly with a travel supplier (ie: paying a room bill on departure), the hotel sends the bill directly to the TMC to settle, and is the reimbursed in turn by the corporate client.

BRIC

Brazil, Russia, India and China - the major emerging economies of the world

BSP

Billing and Settlement Plan - a system used by IATA-accredited passenger sales agents to allow the selling, reporting and remittance of air ticket sales

BTC

Business Travel Coalition: Founded in 1994, the mission of Business Travel Coalition is to bring transparency to industry and government policies and practices so that customers can influence issues of strategic importance to their organizations (source: www.businesstravelcoalition.com).

BTMS

Business Travel and Meetings Show (now the Business Travel Show)

BTS

Business Travel Show (formerly the Business Travel and Meetings Show)