Billing and Settlement Plan

GPTKB entity

Statements (20)
Predicate Object
gptkbp:instanceOf airline industry system
gptkbp:abbreviation BSP
gptkbp:benefit improves cash flow for travel agents
reduces administrative burden for airlines
gptkbp:component IATA financial services
gptkbp:developedBy gptkb:International_Air_Transport_Association
gptkbp:enables weekly or biweekly remittance cycles
gptkbp:function centralize financial transactions between travel agents and airlines
https://www.w3.org/2000/01/rdf-schema#label Billing and Settlement Plan
gptkbp:introducedIn 1971
gptkbp:purpose streamline airline ticket sales and payments
gptkbp:region global
gptkbp:relatedTo gptkb:IATA
settlement systems
airline ticketing
gptkbp:usedBy airlines
travel agencies
gptkbp:website https://www.iata.org/en/services/finance/bsp/
gptkbp:bfsParent gptkb:BSP_(Billing_and_Settlement_Plan)
gptkbp:bfsLayer 8