IATA Financial Assessment: Complete Guide for Accredited Travel Agencies
Maintaining compliance with industry regulations is an important responsibility for every accredited travel agency. A key part of this process is the financial assessment, which requires agencies to submit audited statements through the IATA Customer Portal. This review helps the organization evaluate each agency’s stability, financial health, and long-term sustainability factors that are essential for maintaining accreditation and building trust within the travel industry.
The financial assessment plays an essential role in evaluating the stability of accredited travel agencies worldwide. It’s a key part of the IATA accreditation process, helping each agency operate responsibly and meet its commitments to both airlines and customers.
By submitting your audited statements through the Customer Portal, you provide the necessary information for IATA to complete its review efficiently. This process encourages transparency and strengthens trust between your agency, the association and airline partners.
The Financial Assessment Program (IFAP) offers a simpler, faster and more secure way for travel agencies to submit their audited statements. Instead of sending documents by email or courier, agencies can easily upload them directly through the Customer Portal.
This digital system saves time, reduces manual work, and keeps sensitive information protected. By using IFAP, agencies can complete the assessment process efficiently and stay compliant with IATA’s standards without the stress of handling manual submissions.
The review process is more than a routine requirement. It demonstrates that your agency is financially sound, dependable and committed to maintaining professional standards. Submitting statements on time shows transparency and helps build confidence with airlines and clients alike.
This assessment is important because it:
Keeps your accreditation active without unnecessary delays
Strengthens trust with airline partners and customers
Supports smooth operations within IATA’s Billing and Settlement Plan (BSP)
fMissing deadlines or providing incomplete information can lead to compliance issues or even suspension of accreditation. Staying organized and completing the IATA financial assessment on time helps your agency remain compliant, credible and ready to grow in the global market.
SkyBook’s Mission: Simplifying Compliance for Travel Agencies
SkyBook Global works alongside travel agencies to guide them through every step of the review process. From preparing and organizing reports to submitting audited statements through the IATA Customer Portal, our team provides complete, hands-on support.
We understand that compliance tasks can feel demanding, especially when you’re focused on running your business. That’s why we simplify the assessment process helping you stay compliant while concentrating on growth and customer satisfaction.
Our services include:
Assistance with preparing and reviewing required documents
Step-by-step support for IFAP submissions and online uploads
Help with accreditation and renewal processes
Continuous advisory services for compliance and reporting
By partnering with SkyBook Global, you gain a team that truly understands the financial and regulatory needs of travel businesses.We make sure your agency meets all IATA financial assessment requirements accurately and on time.
With our support, you can save valuable time, minimize compliance risks and maintain strong relationships with IATA and airline partners while we take care of the detailed work behind the scenes.
SkyBook Global is an independent service provider and is not affiliated with or approved by the International Air Transport Association (IATA). All trademarks and rights related to the association remain its property.
This website uses cookies to improve your web experience.