Nigerian flag carrier airline, Arik has been suspended from the International Air Transport Association (IATA) Billing and Settlement System (BSP).
The clearing house for over 250 global airlines said it is currently working with the new management of Arik Air to resolve the problem.
IATA Area Manager, South West Africa, Dr, Samson Fatokun in a statement made available to New Telegraph disclosed that the airline’s suspension from the IATA financial systems does not affect its IATA membership or IOSA registered status, adding that Arik Air remains a member of IATA and a fully IATA Operational Safety Audit (IOSA) registered airline.
His words: “IATA is currently working with the new management of Arik Air to resolve the airline’s suspension from the IATA Billing and Settlement Plan (BSP) and Cargo Account Settlement System (CASS).
“The airline’s suspension from the IATA financial systems does not affect its IATA membership or IOSA registered status. Arik Air remains a member of IATA and a fully IATA Operational Safety Audit (IOSA) registered airline.”
BSP is a system designed to facilitate and simplify the selling, reporting and remitting procedures of IATA Accredited Passenger Sales Agents, as well as improve financial control and cash flow for BSP Airlines.
