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OST-98-4428

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

OST-98-4428 | September 8, 1998

Application for Approval of Agreements

PTC COMP 00327/0327/0332

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

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

OST-98-4428 | September 10, 1998

Supplemental Documentation

PTC COMP 0327

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

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

By: David O'Connor

International Air Transport Association

Order 99-2-16 OST-98-4428 R-12

Issued February 16, 1999 Served February 19, 1999

Order

Currency Matters

Clearing House circulates "IATA Rates of Exchange" (IROE's) in February, May, August and November of each year to be used for such conversions during the following quarter. In addition, IATA monitors these IROE's and if a variation of six percent or more between an effective IROE and the market rate of exchange for that IROE occurs, IATA issues an updated IROE. In both cases, the IROE's become effective for ticket sales on the first day of the second month following the month that they are issued. However, under the terms of the proposal, these IROE's will now become effective for sales on the first day of the next month following the month that they are issued.3/ IATA states that recent currency ¿revaluations in Asia and in the Pacific have severely affected carrier revenues, and that earlier effectiveness dates for IROE revisions are needed to facilitate a quicker response to currency fluctuations.

By:  Charles Hunnicutt

International Air Transport Association

Order 99-4-9 OST-98-4428

Issued April 12, 1999 Served April 15, 1999

Action of IATA Agreements Scanned Version

Add-On Fare Data

R-10 of the agreement in Docket OST-98-4428 amends Resolution 015v which governs the filing of worldwide (except U.S.) add-on fare data so as to better facilitate its application in an automated environment. The changes include revision of the various codes used for fare types and applications so that they are more easily understood and less subject to misinterpretation and input errors, and enhanced procedures for submission of these add-on fares. The agreement in Docket OST-98-4444 advances the effectiveness of the above changes, originally proposed for April 1, 1999, to October 1, 1998.

By:  Paul Gretch

International Air Transport Association

By:  Bradley Mims

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