Tag Archives: new plans

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.

Emirates is showcasing its latest roster of innovative products and fan-favourites at this year’s 30th edition of Arabian Travel Market, which got underway on 1 May. A milestone year for the event, which is celebrating its third decade of connecting the travel industry, this year also marks Emirates 30th year of partnership and commitment to ATM. When the exhibition first opened its doors thirty years ago, Emirates flew 15 aircraft to 30 cities and carried close to 2 million passengers. Today, Emirates is the world’s largest international airline serving over 140 destinations on more than 200 wide-body aircraft, connecting tens of millions of travellers across the globe each year, and making Dubai one of the most globally connected cities for travel, tourism and business. Over the years, the airline’s presence has expanded and evolved at ATM. In 2007, Emirates unveiled its huge ‘Globe’ stand, a captivating three-storey spherical structure which literally ‘turned’,  featuring  the airline’s industry-first private suite in First Class on its Airbus A340-500 in a specially recreated area.  Later, the 9.5 metre tall structure focused on the airline’s tremendous network expansion featuring Emirates destinations, and on the fringes of the stand, its cabin products on the A380 and Boeing 777 across all classes, as well as its sports sponsorships around the world. In 2016, the airline unveiled its ‘Infinite Possibilities’ stand at ATM, a futuristic display showcasing its industry leading products and services for visitors to experience before boarding their next Emirates flight. Standing at 8.5 metres tall and taking almost 9 days to assemble, Emirates’ ‘Infinite Possibilities’ stand was one of the tallest exhibitor stands at ATM, weighing in at 166 tonnes, equivalent to one third of …