One of the objectives of the IBS OPS is to establish, maintain and enhance standard procedures for the interline billing and settlement of amounts becoming due pursuant to interline agreements. These procedures are published in the Revenue Accounting Manual (RAM) as well as in the ICH Manual of Regulations and Procedures. The IBS OPS Working Group also provides a forum for the resolution of disputes arising from the interpretation and application of those procedures. In addition, the IBS OPS seeks to maintain awareness of action by other industry groups which have revenue accounting implications.
Composition and Meetings
The IBS OPS Working Group is open to IATA member airlines only. The number of participants is limited to 15. They are nominated by the respective airline's Finance Director/CFO, and approved by the Industry Financial Advisory Council. The working group meets at least twice a year and between 6 and 8 weeks before Industry Financial Advisory Council meetings.
If you would like further information on the IBS OPS, please access the following documents from the private Revenue Accounting Extranet site, links below: "Terms of Reference of the Interline Billing and Settlement Operations Working Group (IBS OPS)"