In a recent mail vote of the Passenger Agency Conference, IATA airline delegates approved the enforcement of a globally aligned remittance period by mid-year.
Essentially, this will eliminate flexibility for local markets to set alternative dates through their Agency Programme Joint Councils APJCs. These councils, comprised equally of local airlines and IATA-accredited agents, have historically set billing cycles and remittance timing in line with specific market conditions and the realities of local business relationships.
This new decision forces all BSP markets to adopt standard remittance periods at the end of each billing cycle, irrespective of whether local APJCs have previously agreed solutions that work for both airlines and agents.
