Airlines urged to gear up for Simplified Interline Settlement
Posted 24/08/2011
The latest initiative in IATA's drive to take costs and complexity out of the airline industry is slated to go live next month, but an alarming number of carriers are unprepared, according to Neela Bhattacherjee, head of Kale Consultants' airlines strategic business unit.
The Simplified Interline Settlement program aims to dispense with the 160 tons of paper invoices and supporting documents that are shipped annually among airlines around the world each year to support the industry's interline billing and settlement process.
Originally published 24 Aug 2011 at: http://feeds.atwonline.com/~r/AtwDailyNews/~3/k6O6pa1pwDk/airlines-urged-gear-simplified-interline-settlement-0823
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