New IATA System Modernizes Airline Payment Settlements

New IATA System Modernizes Airline Payment Settlements

IATA is upgrading BSPlink to a "Next Generation BSPlink," enhancing the efficiency, security, and user experience of airline settlement, and supporting the future development of the aviation industry. This upgrade aims to streamline processes, improve data management, and provide a more modern and user-friendly platform for airlines and travel agents. The new BSPlink will offer enhanced functionalities and improved performance, ultimately contributing to a more efficient and secure global airline settlement system.

01/26/2026 Logistics Industry Insights
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New IATA Rules Simplify Direct Debit Authorization for Airlines

New IATA Rules Simplify Direct Debit Authorization for Airlines

This article details the process of changing IATA Direct Debit Authorization, emphasizing the importance of using the official 'Letter of Authorization' template and the crucial role of the bank in this process. It also reminds users to upload clear and readable scans to ensure a smooth change and guarantee the continuity of IATA settlements. The proper execution of the bank mandate is vital for maintaining uninterrupted payment processing within the IATA system.

01/27/2026 International Settlement
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LCL Shipping Risks of Direct Consolidation Vs Direct Sailing

LCL Shipping Risks of Direct Consolidation Vs Direct Sailing

This article clarifies the distinction between "direct consolidation" and "direct sailing" in LCL shipping. It emphasizes that "direct consolidation" doesn't imply a direct route but refers to transshipment without deconsolidation. Addressing common Incoterms misunderstandings among foreign traders, it offers risk mitigation advice. This includes thoroughly inquiring about transshipment ports with freight forwarders and selecting reputable freight forwarding companies. Understanding these nuances is crucial for avoiding potential complications and ensuring smooth international trade operations.

09/26/2025 Logistics Encyclopedia
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Guide to Purchasing IATA Aviation Industry Publications

Guide to Purchasing IATA Aviation Industry Publications

This article details three convenient ways to purchase IATA publications: direct purchase from the online store, contacting the IATA Direct Sales Team, and telephone ordering. It also highlights the role of the IATA Customer Portal in resolving issues related to billing and order status. The aim is to help readers easily and efficiently acquire the necessary IATA publications. This guide simplifies the process of obtaining essential resources for aviation professionals and those involved in the air transport industry.

01/05/2026 Logistics Encyclopedia
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Air Waybill (AWB) Payment Guide: Currency and Payment Method Analysis

Air Waybill (AWB) Payment Guide: Currency and Payment Method Analysis

This article provides a detailed analysis of the payment regulations within the Air Waybill (AWB), including definitions of prepaid and collect payments, as well as how to correctly declare the value of goods. It emphasizes the payment methods at both the origin and destination points, along with the flexibility of currency payments. These regulations not only help ensure the efficiency and safety of cargo transportation but also reduce potential financial risks and enhance customer experience.

07/18/2025 Logistics Encyclopedia
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Hunnu Air Launches Direct Mongoliabeijing Flights

Hunnu Air Launches Direct Mongoliabeijing Flights

Hunnu Airlines has launched a direct flight from Ulaanbaatar, Mongolia, to Beijing Daxing International Airport, utilizing the Embraer E195-E2 aircraft for the first time. This marks a new development in the China-Mongolia air corridor. The new route aims to strengthen communication and cooperation between the two countries and promote further growth in the tourism industry.

08/06/2025 Airlines
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China Eastern Starts Direct Shanghaicopenhagen Flights

China Eastern Starts Direct Shanghaicopenhagen Flights

China Eastern Airlines has launched a direct flight route between Shanghai and Copenhagen, operating three flights per week, increasing to four in September. The route utilizes the Airbus A330-200 aircraft, offering a comfortable two-class configuration. This initiative will strengthen tourism and business ties between China and Denmark, providing passengers with convenient connections to Asia, Australasia, and Europe. The inaugural flight ceremony was jointly celebrated by representatives from China Eastern Airlines, the Chinese Embassy, and airport management.

07/22/2025 Logistics
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Zhengzhou Launches Direct Flights to Malaysia

Zhengzhou Launches Direct Flights to Malaysia

Direct flights from Zhengzhou to Malaysia are becoming increasingly popular, with several airlines offering regular direct services. The flight takes approximately 6-7 hours to reach Kuala Lumpur. Chinese citizens can enjoy a 30-day visa-free stay in Malaysia for tourism purposes. This route provides a convenient gateway to Southeast Asia for travelers from the Central Plains region of China.

01/19/2026 Logistics Encyclopedia
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Wuhanaustralia Direct Flights Key Travel Insights

Wuhanaustralia Direct Flights Key Travel Insights

This article provides a detailed analysis of the factors influencing flight time from Wuhan to Australia, including flight type, flight route, and layovers. It also offers specific flight durations to major Australian cities from Wuhan, providing a reference for travelers planning their trips. The information helps passengers understand the expected travel time and consider various factors that may affect the overall journey duration. This guide aims to assist in efficient trip planning and informed decision-making regarding flight options.

01/26/2026 Logistics Encyclopedia
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