The first China Aviation Finance and Payment Forum opened in Guangzhou on the 10th. The forum focused on the modernization and ecological construction of aviation payment systems to promote the innovative development of aviation financial payments in China and the world at large. Sandrine Le Borgne, senior vice president of corporate services and chief financial officer of the International Aviation Association, said at the forum: “The aviation industry's annual payment costs of 22 billion US dollars have exceeded distribution expenses, seriously affecting the profitability of the industry. Customers have diverse payment preferences, and flexible payments directly affect conversion rates and ancillary revenue. The International Air Transport Association is helping airlines regain control over payments through standard setting and product support.”

The first China Aviation Finance and Payment Forum opened in Guangzhou on the 10th. The forum focused on the modernization and ecological construction of aviation payment systems to promote the innovative development of aviation financial payments in China and the world at large. Sandrine Le Borgne, senior vice president of corporate services and chief financial officer of the International Aviation Association, said at the forum: “The aviation industry's annual payment costs of 22 billion US dollars have exceeded distribution expenses, seriously affecting the profitability of the industry. Customers have diverse payment preferences, and flexible payments directly affect conversion rates and ancillary revenue. The International Air Transport Association is helping airlines regain control over payments through standard setting and product support.”