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ASATA in the news: APJC scores a win for agencies

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Following pressure from the Agency Programme Joint Council (APJC), Iata has relaxed the financial criteria required for agents to renew their Iata licences.

Travel News confirmed with Asata ceo, Otto de Vries, that, as documented in a recent Iata memorandum, there is no expectation for agencies to show profitability or nett equity over the course of the next year.

“This is a great win for agencies and for the APJC as it substantially relaxes financial criteria for Iata licence renewals and allows agents to hold on to their licences, even if they were unable to make a profit, due to the impact of COVID-19, during the course of the year,” said Otto.

Read the full article here.

The impact of COVID-19 on the travel industry is unprecedented and unpredictable. The nature of the content that is being shared on the ASATA coronavirus microsite is therefore constantly changing. Please check the date of the post to ascertain its recency.
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