Join

TULUM IS CALLING

Help your Travelers find their happy place in this Mexican Oasis.

A NATURAL BEAUTY

This sparkling city located on the southeastern tip of Mexico is ready to welcome you. With spectacular … more
Travel Services Industry Sees Steady Recovery in Canada

According to recent data from Statistics Canada, the travel services industry, which encompasses travel agencies and travel advisors, has been experiencing a gradual recovery since the sharp decline … more
Saskatchewan Extends Small Business Tax Reduction

The Government of Saskatchewan has introduced legislation to provide continued relief to small businesses in the province. As outlined in the 2024-25 Budget, The Income Tax Amendment Act, 2024 … more

Update on South African Airways’ (SA-083) participation in the IATA Settlement Systems

Dear ACTA Members,

Following the previous update on South African Airways (SAA) entering into a Business Rescue process under the bankruptcy laws of South Africa, IATA continues to work with the current SAA management team and the court nominated Business Rescue Professional in order to ensure that SAA continues to meet all the requirements to remain in IATA’s BSP, CASS and ICH settlement services. In this regard, SAA has placed certain security and guarantees to remain an active participant in all of IATA’s settlement systems. SAA has also reassured IATA that the intention of the business rescue process is to ensure that SAA will continue to operate.

Sincerely,

Juan Antonio Rodriguez
Director FDS Operations, CBS – Global Delivery Center
PAConf and PSG Secretary

RELATED STORY:

Airline Suspensions in BSP Operations