Simplified Interline Settlement: Airline Preparedness Survey (preview)

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Simplified Interline Settlement Airline Preparedness Survey 1 PREVIEW

description

Simplified Interline Settlement is an IATA initiative to streamline the interline settlement process. This is a major industry change for the revenue accounting function at airlines globally, and will soon become a mandatory platform.Kale Consultants Ltd., a leading solutions provider to the airline and travel industry, is the prime technology supplier for the SIS platform. Kale's inaugural Simplified Interline Settlement (SIS) – Airline Preparedness Survey. The online survey saw participation from over 70 respondents from 55+ airlines across the globe.For a detailed copy of the survey report write to [email protected]

Transcript of Simplified Interline Settlement: Airline Preparedness Survey (preview)

Page 1: Simplified Interline Settlement: Airline Preparedness Survey (preview)

Simplified Interline Settlement

Airline Preparedness Survey

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PREVIEW

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Executive Summary

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Airline Preparedness Survey builds on the insights we sought and bring together a snapshot of

airlines preparedness for Simplified Interline Settlement (SIS), which have presented in this

report

Majority of the airlines surveyed welcomed IATA’s SIS initiative, for developing a single platform

for communication amongst airlines

Need for training & lack of clear understanding related to the changes required in their present

systems to become SIS compliant observed in some airlines

80% of the airlines surveyed consider SIS as essential initiative for the airline industry

77% of the airline surveyed will require more than 9 month getting completely ready to

leveraging the benefit of SIS compliance

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Survey Participation

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The SIS Preparedness Survey saw active participation from Airlines across the globe. A total of 56 airlines from all continents participated in the survey ranging from network carriers to low cost carriers.

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To receive the detailed copy of the

Simplified Interline Settlement (SIS):

Airline Preparedness Survey Report,

write to

[email protected]

www.kaleconsultants.com