Tag Archives: Zero Risk

Sunil Kumar, President, UFTAA, has said that the association has initiated a concept of Zero Risk with IATA that can protect the agents and airlines from any future risk to either parties. “The current scenario has reflected our unpreparedness to protect the monies of the stakeholders and the customers, owing to the challenges the agencies had to go through. In an evolving scenario, it is time that such a Zero Risk to either of the stakeholders is envisioned through IATA’s governing resolution and we be better prepared to handle such crisis, if it would ever come up in future,” he says. Towards this, all Global Federations of Associations which are part of IATA’s PAPGJC have come together and a working group is getting created with terms of reference of the committee meeting the expectations of all. “This working group will involve representatives of airlines, agency associations, and IATA. This is anticipated to be finalised by January and thereupon the working group can deliberate to plan a great legacy for the future which does not pose any risk or threat to our customers or agencies. We eagerly look forward to this working group to be able to come up with a favourable solution for the industry and its stake holders,” Kumar adds.

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