[photopress:air_airline_ticket.jpg,full,alignright]The International Air Transport Association (IATA) has began a landmark travel countdown – it is now slightly less than 100 days to comprehensive flight e-ticketing worldwide.
Giovanni Bisignani, IATA’s Director General and CEO said, ‘In 100 days the paper ticket gets put in a museum. On June 1 2008, we will achieve 100% electronic ticketing.’
IATA began its global e-ticket drive in June 2004, with the dual goals of making travel and shipping more convenient and more cost efficient.
While a paper ticket costs $10 to process, e-ticketing reduces that cost to $1 which means the travel industry will save over $3 billion each year.
When the e-ticketing program began in 2004, only 18% of flight tickets issued globally were e-tickets. Today, according to IATA, global paperless penetration is 93%.
China has agreed to meet IATA’s 100% e-ticket deadline, which comes into force a little more than two months before the start of the 2008 Olympics in Beijing.