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IATA: Simplified Interline Settlement is a reality

Montreal, Canada - Efficiency, financial and environmental savings

The International Air Transport Association (IATA) launched Simplified Interline Settlement (SIS) which removes paper documents from the airline industry’s interline billing and settlement process. When fully implemented in 2013, SIS is expected to: · Eliminate paper invoice creation and distribution between airlines · Provide annual cost savings to the industry of $450-700 million through the...

fra/pec - 1134864
Rome, Italy, 10/18/2011 18:13
AVIONEWS - World Aeronautical Press Agency

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