Bulk fare
Bulk fares are special discounted fares offered by airlines to travel agents, tour operators, or business travelers when they purchase a large number of tickets. These fares are not typically available to the general public.
Bulk fares cater to large numbers of people going to the same destination. They would be available to people going to corporate events, tour groups, or conventions. For example, a large corporation organizing a global conference books bulk fares for 90 employees traveling to a destination. The airline offers discounted rates for securing these seats, benefiting both parties.
Bulk fares come with restrictions and conditions, such as being non-refundable and non-exchangeable. This helps airlines fill seats, as they provide reduced fares in exchange for guaranteed volume.