General Travel News
18 UAE Travel Agents May Go Out Of Business
Up to 18 travel agents or sales intermediaries may go out of business because they lack bank guarantees, a requirement imposed by the International Air Transport Association (IATA). Travel agents that are accredited by IATA must provide a bank guarantee in order to sell airline tickets and complete these transactions through the Business and Settlement Plan (BSP).
Dr. Majdi Saberi said this requirement is not new, and BSP covers Bahrain, Oman, and Qatar as well as the UAE. Dr. Saberi is the regional vice-president for the Middle East and North Africa for IATA. He explained the level of financial security required is determined by airlines and agencies that sit on the Agency Programme Joint Council. “IATA has no part in it. IATA’s role is to apply the accreditation criteria in a neutral manner.” Dr. Saberi said the purpose of the accreditation criteria is to ensure that an agent has appropriate facilities, an adequate number of qualified staff, and is licensed by the relevant government department.
More General Travel News
Latest Travel News
Featured Sights To See
Henry de Monford French Cultural Center
Sanaa, Yemen
Located on Hadda Street, off al-Quds Street in the Old Town, this place is managed by a Franco-Yemeni agency, and organizes concerts, themed plays, educational lectures, cultural exhibitions, and linguistic classes. Visit this gallery/museum/cultural retreat to witness an amazing blend of local and French art in a variety of media. {loadpositio...
Hanoi Presidential Palace
Hanoi, Vietnam
The Hanoi Presidential Palace is a grand colonial mansion next to the Ho Chi Minh Mausoleum which can only be viewed from the outside amid tight security. Behind the Presidential Palace are the Botanical Gardens which are beautiful, and infinitely more interesting than the palace structure itself. ...
Brooklyn Museum
New York, United States
The Brooklyn Museum is the second largest in New York City, after the Met, and one of the largest in the United States. In recent years it has struggled somewhat with its identity and stagnant attendance figures (around half a million per year), but it is still a world class museum. The Egyptian and pre-Colombian collections stand out, but their modern collections are also excellent. ...
What to do with Children in Tow
Rome, Italy
Kids can visit the following places when in Rome: Time Elevator: A ride in this time machine will enable you to see, hear and experience great moments in the 3000 years of Roman History. It is a one-hour high-tech virtual show through which you can explore Rome from the ancient times, through the Renaissance period, till the modern times. The show ends in an aerial flight over Rome. This sens...