ARC was established on September 17, 1984, as a
privately held company following
airline deregulation in the United States. The corporation began operations on January 1, 1985, in Washington, D.C., settling financial ticket transactions between airlines and travel agencies. ARC is the successor to the Air Traffic Conference of America, an operating division of
Airlines for America, formerly known as the Air Transport Association of America, Inc. (ATA). ARC's primary function is to support the travel industry by providing transaction settlement between travel suppliers and resellers. More than 200 airlines rely on ARC's ticket settlement services. The corporation also accredits travel agencies in the United States to sell airline tickets, and provides data information services and analysis based on archived aggregated data. ==Shareholders and Board Member Companies==