Lockdown-Hit Air Cargo Agents Approach IATA For Extension Of Remittance Date
The Hindu Business Line|April 04, 2020
IATA for extension of remittance date
Te Raja Simhan
Lockdown-Hit Air Cargo Agents Approach IATA For Extension Of Remittance Date

Over 500 International Air Transport Association (IATA) authorized agents in India are in a fix over the payment of air cargo handling charges to global airlines routed through IATA’s payment platform. While agents want an extension of the remittance deadline amid the lockdown, IATA has given a grace period of just nine days, asking that the deposits be made by April 9. This is a rather tall order, say agents.

Nearly $2 billion annually is routed through the IATA’s Cargo Account Settlement System (CASS), which facilitates the billing and settling of accounts between airlines and freight forwarders through CASSlink, a web-enabled solution.

هذه القصة مأخوذة من طبعة April 04, 2020 من The Hindu Business Line.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة April 04, 2020 من The Hindu Business Line.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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