ost972518

OST Filings by Docket Number

Agreements Adopted by the Traffic Conferences of the Internaitonal Air Transport Association

OST-97-2518 | May 14, 1997

Application for Approval of Agreements

AT THE REQUEST OF SECRETARIAT THE DIRECTOR GENERAL HAS AUTHORISED ISSUANCE OF CABLE MAIL VOTE BELOW TO AMEND CURRENCY OF GUINEA-BISSAU TO XOF AND TO SPECIFY PASSENGER FARES AND CARGO RATES FROM GUINEA-BISSAU IN XOF INSTEAD OF USD USING THE APRIL 1997 IROE RATES. BY MSG TV/5913 OF 1 MAY 97 CONFIRMED BY MEMORANDA PTC COMP 0112 AND CTC COMP 0035 DTD 2 MAY 97, MEMBERS WERE ADVISED THAT EFF 2 MAY 97 GUINEA-BISSAU BECAME THE 15TH MEMBER OF THE CFA ZONE AND CONSEQUENTLY THE CURRENCY OF GUINEA-BISSAU WOULD CHANGE FROM GUINEA-BISSAU PESO (GWP) TO THE CFA FRANC (XOF).

Counsel: IATA, David O'Connor, 202-624-2977

Action on IATA Agreements

Order 97-5-25 | OST-97-2505 & OST-97-2518 R-1 through R-2 | Posted May 29, 1997 | Served June 4, 1997

Order

The agreement in Docket OST-97-2505 makes it clear that special fare add-on amounts agreed for Thailand apply to travel throughout all of TC3 (Asia/Australasia/Pacific Islands) rather than just Korea, New Zealand and the Philippines. The agreement in Docket OST-97-2518 denominates all fares, rates and related charges from Guinea-Bissau in terms of the CFA franc as a result of its recent membership in the CFA zone and the resultant change in its currency from the peso to the CFA franc.

By: Paul Gretch