IATA

What is IATA (International Air Transport Association) 

The International Air Transport Association (IATA) is the international industry trade association of airlines.
IATA's mission is to represent, lead and serve the airline industry.
IATA represents some 230 airlines comprising 93% of scheduled international air traffic.
Currently, IATA is present in over 160 countries covered through 101 offices around the globe.
The BSP facilitates reporting and settlement of sales between IATA Accredited Agents and IATA and non-IATA scheduled airlines

IATA and the BSP

IATA is pivotal in the worldwide accreditation of travel agents.
Over 80% of Airlines' sales come from IATA Accredited Agents through IATA BSPs (Billing and Settlement Plan).
IATA administers worldwide the BSP and coordinates the reporting and remittance of ticket sales of IATA Accredited Agents to BSP Participating Airlines.