IATA Reviews BSP Sales Cap After Agent Backlash

The International Air Transport Association is reviewing plans to cap sales for travel agents through its Billing and Settlement Plan after encountering strong opposition from various agency associations. The cap, known as Remittance Holding Capacity, was one pillar of a major BSP overhaul. While the cap is on hold, three other pillars of the overhaul were adopted at IATA’s Passenger Agency Conference in Singapore last month.