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Canada court orders seizure of Air India, AAI assets over dues

A court in Canada has ordered the seizure of amounts collected by the International Air Transport Association (IATA) on behalf of Air India and the Airports Authority of India (AAI). Separate......

Travel agent defaults on Rs 120 crore

A travel firm from Delhi has sent airlines into a tizzy after defaulting on a payment of about Rs 120 crore (Rs 1.2 billion) for ticket sales in March.This is said to be one of the biggest defaults......

'Airlines will have to spend 14% profits on DIAL charges'

Tony Tyler, director general and chief executive officer of the International Air Transport Association, a global industry trade body, says the European Union-Emission Trading Scheme is a regional......

Fresh squeeze on air travel agents' margins

After the International Air Transport Association burdened travel agents by shrinking their payment schedule from fortnightly to weekly, Indian carriers are adding to their woes. Two of the largest......

India's airlines' cash flow to improve

Airlines and travel agents are on a collision course. On Thursday, the International Air Transport Association (IATA) informed travel agents that they would have to remit the ticket sale proceeds......

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Iata Bsp

News for Iata Bsp

Canada court orders seizure of Air India, AAI assets over dues

Travel agent defaults on Rs 120 crore

'Airlines will have to spend 14% profits on DIAL charges'

Fresh squeeze on air travel agents' margins

India's airlines' cash flow to improve

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