Local airline Fly540 could be headed for tough times after the International Association of Travel Agents (IATA) suspended it from participating it in its automated ticketing system. In a December 30 letter, IATA directed accredited travel agents to suspend all Fly540 ticketing activities. The suspension means that travel agents cannot sell the carrier’s tickets or process any billings or refunds through IATA’s system. Other factors that may lead to IATA suspending an airline from using the BSP system, according to the association, include when an airline is experiencing financial difficulties and has filed for bankruptcy. Besides the measures introduced by countries to tame the pandemic, the industry has seen lack of consumer confidence even after the reopening of airspace.

Source: Standard Digital January 05, 2021 21:02 UTC