WFS 2014: Supporting Sustained Airline Financial Health

From 13-18 September, PROLOGIS attended the 1st World Financial Symposium (WFS). Through different panel sessions and presentations, IATA aimed to push forward the development of actions to support sustained airline financial health. In this context, the Future of Revenue Accounting (FoRA) Task Force introduced and openly discussed its concept of simplifying revenue accounting related processes by a centralized industry infrastructure. Above, we were able to catch up on the current industry trends and discussions in revenue accounting throughout the Industry Meetings, formerly known as the IS-week, which preceded the WFS sessions. These meetings included the 48th Revenue Accounting Meeting, 3rd SIS General Meeting, 9th ICH User Group Meeting, 9th AIA Services General Meeting and the 3rd Mobilization Workshop.