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Payments for air travel must be in cash in new changes informed by massive defaults by companies. This is after the International Air Transport Association (IATA), the global umbrella body for airlines, made some changes in its payment cycles requiring air-ticketing agents to remit their money in 15 days.
Initially, air-ticketing agents were permitted up to 30 days to remit their money to IATA making it possible for travelers to book their air-ticket on credit. But this has since changed.
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