Business Daily | by Gerald Andae
Budget carrier Fly 540 is staring at delayed payment on tickets after an aviation body suspended it from using its automated billing platform.
The International Air Transport Association (IATA) said it has suspended the airline from using the Billing and Settlement Plan (BSP) under unclear circumstances, depriving it the benefit of receiving timely payment from their clients.
Under BSP, airlines are assured of getting their payment by 20th of every month, which is…
