2024-02-09

IATA: Changes in Local Financial Criteria Scandinavia

The APJC Scandinavia voted in favor of amending the Financial Security calculation in the Local Financial Criteria (LFC) for the Scandinavian markets (BSP DK, BSP IS, BSP NO, and BSP SE), replacing the current percentage of 7,5% of average annual cash sales, with a new percentage of 4,7%.

Effective Date: The proposed effective date of these changes is 1 March 2024.

More information in following documents:
Changes to Local Financial Criteria in Scandinavia 2024-03-01

Updates to Local Financial Criteria in Scandinavia_2024-02-08