AAI signs MoU with IATA

State-owned AAI and global airlines body International Air Transport Association (IATA) have joined hands to provide a comprehensive e-billing solution to air navigation and airports services provider.
The e-billing offers a suite of services including data gathering, e-invoicing and collection of tariff from airlines.
A Memorandum of Understanding (MoU) between the AAI and IATA in this regard was signed during the strategic level meeting on making a collaborative effort, Airports Authority of India said in a release said today.
Manfred Blondeel, Director IATA, Enhancement & Financing services and Anil Gupta, General Manager- Business Development at AAI inked the pact in the presence of AAI member of Finance S Suresh and Rajesh Bhandari Executive Director (Finance), the release said.

AAI and IATA have more than a decade long association of invoicing and collection, Suresh said adding during this period the system has been augmented in such a way that it has become a robust and unique as at present there is no other comprehensive e-billing system available for data gathering, invoicing and collection in one system.
Blondeel said that considering AAI's expertise in data gathering and IATA's expertise in collection of invoices through BSP & ICH the collaboration between the two would be a milestone for the global aviation fraternity who now has a tested and effective Comprehensive business solution.