Alexandre de Juniac, the director general and CEO of the International Air Transport Association (IATA), on Thursday said that travel agents can make settlements to the BSP billing system “a bit later”, without penalties, due to the crisis the coronavirus (Covid-19) pandemic has caused to the industry. “We know that our members and business partners rely […]
The International Air Transport Association (IATA) says it may grant extensions to the deadline for payments to its electronic billing system BSP (billing and settlement plan) for travel agencies when necessary, due to the impact the coronavirus (Covid-19) pandemic is having on travel. Responding to a request by three Greek travel sector bodies, IATA said […]
As Covid-19 has brought travel and tourism to a standstill, European travel agents and tour operators are calling for the European Commission to continue giving “a strong signal to the European travel industry” and allow a more flexible application of the reimbursement rules for package travel. “The cancellation of trips is currently causing an exorbitant […]











