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IATA’s BSP totalled $250 billion in 2015
The International Air Transport Association ((IATA), the clearing house for more than 240 airlines across the globe said since its introduction 45 years ago, the Billing and Settlement Plan (BSP) has successfully facilitated the distribution and settlement of funds between travel agents and airlines, which totaled more than $230 billion in 2015. This is coming as the group announced that the IATA Passenger Agency Conference (PAConf) adopted Resolutions supporting the development of the New…
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