Airlines body sees end of paper tickets in 2008


The International Air Transport Association (IATA) announced on Monday that it had placed its final order for paper tickets and from June 1, 2008, all tickets issued through its settlement system would be electronic.

The Geneva-based body said it had made its last order from seven specialized printers for some 16.5 million paper tickets to meet the needs of world markets until May 31, 2008. “This is the ‘last call’ for paper tickets ... And in just 278 more days, the paper ticket will become a collector’s item,” said Giovanni Bisignani, IATAs director-general and CEO.

Bisignani said it had been more than three years since IATA launched the drive for 100% e-ticketing as part of its Simplifying the Business initiative. “E-ticketing went from 16% in June 2004 to 84% today,” he said. IATA represents over 240 airlines comprising 94% of international scheduled air traffic. Through its billing and settlement plan, the body issues over 400 million tickets annually.

“We are changing an industry with tangible benefits for travelers, agents, airlines and the environment,” said Bisignani. „E-ticketing is a winning proposition for everyone.” According to IATA, the cost saving of $9 on every e-ticket will add up to $3 billion in annual savings for the industry. In addition, eliminating paper will save the equivalent of 50,000 mature trees each year. (


Financial Companies' Earnings Fall in Q1-Q3 Figures

Financial Companies' Earnings Fall in Q1-Q3

MPs Approve Tax Changes Parliament

MPs Approve Tax Changes

Infomix Becomes Tenant at CityZen Office Market

Infomix Becomes Tenant at CityZen

Countries Exchange Experiences for Better Production of Catt... Conferences

Countries Exchange Experiences for Better Production of Catt...


Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.