The International Air Transport Association (IATA) announced the upcoming change in the Billing and Settlement Plan (BSP) Remittance Frequency for IATA accredited agencies from fortnightly to weekly effective January 1, 2024. This change will impact the following BSP Gulf countries: Oman, UAE and Bahrain. The changes, including remittance and settlement dates, will be reflected in the calendar application on the IATA Customer Portal before January 2024. “IATA is committed to supporting the travel agency community during this transition. The change has been communicated to all agencies and the 2024 remittance calendar will be made available by the end of the year to enable them to prepare accordingly,” said Mr. Khaled Al-Eisawi, Area Manager Gulf and Near East at IATA. “The change means that IATA will be billing travel agencies for their airline sales on weekly basis and the travel agencies will be settling their dues to IATA within a week of receiving their invoices. As the association representing travel and tour agencies in Dubai, we encourage our member agents and corporate customers to take the necessary measures and adjust their billing and payment schedules to effectively manage the impact of this change,” said Mr. Asim Arshad, President DTTAG. IATA remains committed to the facilitation of financial settlement between IATA accredited agents and member airlines under the Passenger Agency Program umbrella.
Read More »Mauritania Airlines spreads its reach; partners with Hahn Air
The German airline Hahn Air announced the start of an interline partnership with Mauritania Airlines International. This agreement enables the national flag carrier of Mauritania to tap into new markets where they are not a member of the local Billing and Settlement Plan (BSP). Thereby, Mauritania Airlines International expands its commercial reach to over 100,000 travel agencies in 190 markets worldwide while its flights are now available on the HR-169 ticket in the Global Distribution Systems (GDSs) Amadeus and Galileo. Steve Knackstedt, Vice President of the Airline Business Group at Hahn Air, said, “We are proud to welcome Mauritania Airlines International into our network of partner carriers, further broadening our presence in the African market with now 49 partners connecting destinations across all 54 countries on the continent. Under the agreement, Mauritania International Airlines will benefit from additional ticket sales and our travel agent partners will have access to yet another carrier whose tickets they would normally not be able to issue.”
Read More »Hahn Air and La Compagnie announce Interline Electronic Ticketing Agreement
The German airline Hahn Air announced a new Interline Electronic Ticketing Agreement (IET) with La Compagnie, the French boutique airline offering all-business-class flights from Paris to New York. La Compagnie joined Hahn Air’s unique network of more 300 air, rail and shuttle partners to enhance its global distribution. Its flights are now available on Hahn Air’s HR-169 ticket to travel agents, using Amadeus, Galileo, Sabre, Apollo and Worldspan, under La Compagnie’s IATA code B0 — even in markets where it is not a member of the local Billing and Settlement Plan (BSP). “By welcoming La Compagnie into our partner network, we are happy to complement our portfolio with an exceptional airline that truly caters to business travellers”, says Steve Knackstedt, Vice President of the Airline Business Group at Hahn Air. “Through our agreement, La Compagnie will not only generate incremental business but also gain access to our growing network of interline partners.”
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