Paper airline tickets will be consigned to history from next June, according to Iata, the trade body which conducts settlements between 60,000 travel agents and the airlines.
The organisation, which has used etickets for three years, yesterday said it had placed its last order for paper tickets. The move to etickets will reduce the processing cost to airlines from £4.50 a ticket to 50p, saving the industry £3bn. Three years ago 16% of ticketing was paper-free; the figure is now 84%. Iata said that airlines lost more than $40bn between 2001 and 2006, but are expected to turn a profit this year.
source: Guardian Unlimited