Tag Archives: BSP

Yossef Fatael, Vice President, UFTAA, has said that they have written to IATA that there is a need to renegotiate BSP agreement and structure. “We think that this is the time to renegotiate the agreement, the relationship, the structure of the BSP, as well as the way the relationship between the principal (airlines) and the agents is being governed. Our demand is to go back and discuss the governance of the programme and to make some urgent changes that will reflect all the weaknesses that we are experiencing during this crisis time,” he said while giving his presentation at UFTAA Mid-year Forum 2020 Part-2.

Effective March 1, 2020, Qantas Airways Limited, flag carrier of Australia, will reduce the IATA BSP Travel Agency Commission to just one per cent for Qantas tickets issued in India. All Qantas tickets prior to March 1, 2020 will be eligible for the current 3% per cent IATA BSP Travel Agency Commission. The airline recently cancelled nearly one in ten flights on the busy Sydney-Melbourne corridor in the six months to November 2019, according to Australian Government statistics. The route is one of the busiest in the world and Qantas operates up to 46 return services a day at 15-minute frequencies in peak times.