IATA plans to start operating a Billing and Settlement Plan (BSP) banking system in Cuba in 2016, helping to facilitate ticket transactions between airlines and travel agents. The BSP system would be an important step in the gradual opening up of Cuba’s travel and tourism business as relations between Cuba and the US thaw. Ultimately, a bilateral air agreement is expected to be formed, enabling direct scheduled air links between the two countries. Although no timing has been set for ...

Subscribe to Access this Entire Article

"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.