E-Tickets To Takeover
Paper tickets to be a legacy of the past
Airlines are at the start of the home stretch of e-ticket compliance, announced the International Air Transport Association.“In 100 days the paper ticket gets put in a museum. On June 1, 2008 we will achieve 100% electronic ticketing,� said Giovanni Bisignani, IATA’s Director General and CEO.
In June 2004, IATA launched its Simplifying the Business initiative, with five key projects, of which the e-ticket was one, that was aimed at making the travel industry more efficient.
“E-ticketing is the flagship project of Simplifying the Business. While a paper ticket costs US$10 to process, e-ticketing reduces that cost to US$1,� said Mr Bisignani.
“The industry will save over US$3 billion each year by offering the passenger a better service. There is no better win-win proposition.�
When the project began in 2004, e-tickets were used in roughly 18% of the market globally, now the figure is over 93%.
“It is an incredible industry success story. When we began over 28 million paper tickets were issued each month. We have reduced that number to less than 3 million,� he says.
Source: etravelblackboardasia.com
Tags: Corporate Travel
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