Tag Archives: BSP

Somalia Advances Aviation Sector with Introduction of IATA BSP System for Streamlined Airline Transactions

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(IN SHORT) IATA has launched a pilot of its Billing & Settlement Plan in Somalia, with a full rollout expected by the end of May 2026. The system will streamline financial transactions between airlines and travel agents, improving efficiency, cost management, and financial control. The pilot includes participation from several airlines, including Ethiopian Airlines, and… Read the full news article

IATA Strengthens Aviation Support in Uzbekistan with Local Office and Financial System Rollout

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(IN SHORT) IATA is opening a new office in Tashkent and introducing its Billing and Settlement Plan in Uzbekistan to support the country’s growing aviation sector. The move aims to enhance operational efficiency, improve safety standards, and facilitate global financial transactions for airlines. Uzbekistan is emerging as a key regional hub with strong growth potential,… Read the full news article