Chennai: Air cargo agents are upset with the International Air Transport Association (IATA) over a proposed centralised payment system which, they say, the Association has not discussed with them.
IATA says the new Cargo Accounts Settlement System (CASS) will simplify billing and settling of accounts between airlines and freight forwarders.
But, agents say lack of standard operating procedure on the billing cycle and resolving payment dispute could affect them. IATA will receive all fees payable to various airlines from an agent and subsequently distribute it to individual airlines.
By end of 2013, CASS collectively served over 500 airlines, General Sales and Service Agent and Ground Handling Companies, settling a combined $31 billion.
02/05/14 TE Raja Simhan/Business Line
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IATA says the new Cargo Accounts Settlement System (CASS) will simplify billing and settling of accounts between airlines and freight forwarders.
But, agents say lack of standard operating procedure on the billing cycle and resolving payment dispute could affect them. IATA will receive all fees payable to various airlines from an agent and subsequently distribute it to individual airlines.
By end of 2013, CASS collectively served over 500 airlines, General Sales and Service Agent and Ground Handling Companies, settling a combined $31 billion.
02/05/14 TE Raja Simhan/Business Line
