Iata Brings Dollar Pricing To Sa
Certain airfares are, since Monday, October 7, being filed in GDSs in US dollars in the South African market.
This is because IATA has now included South Africa in Resolution 024a - IATAs set of guidelines that outline the standards and procedures that airlines and travel agents follow when selling air tickets and ancillary services.
With South Africa now added to this rule, it means that some IATA airlines airfares, fees and baggage charges in South Africa will now be filed in US dollars.
Amadeus notified the trade of the switch, saying Although fares will be filed in USD, it's important to know that tickets and sales in South Africa will still be done in South African rand. This way, pricing will be smooth and there won't be any major changes in daily operations.
An anonymous agent told Tourism Updates sister publication Travel News that she had already had airfares affected by the new ruling. Remittance and settlement through IATA BSP will be in ZAR but is updated at time of issue according to the USD exchange rate. That means an airfare could increase if the ROE changes. I had two clients in business class who had to pay an extra R1000 52 on their Air France tickets due to the ROE changing overnight.