, NAIROBI, Kenya, Jul 15 – The International Air Transport Association (IATA) has announced new changes in payment cycles for air tickets purchased from travel agents in Kenya.
Effective September 1, 2016, the credit period enjoyed by IATA accredited air ticketing agents will be reduced to 15 days from the current 30 days.
Kenya Association of Travel Agents CEO Nicanor Sabula says the move will affect all its members.
“Agents failing to meet payment deadline will be declared as defaulters and denied facilities to issue tickets. Consequently, in order to protect the industry from a crisis arising from potential massive defaults, existing credit terms for air tickets will be discarded in favour of cash payments,” Sabula said in a statement on Friday.
All consumers of air travel services, especially corporate entities and government departments have now been advised to take note of the new changes and ensure that they have made necessary adjustments in their payment plans to conform to the new requirements.
The travelling public has also been requested to immediately contact their travel agents to discuss payment plans available in the market to avoid disruptions of their travel plans.