IATA Expands Cargo Payment Systems in Latin America Amid Air Freight Growth
The International Air Transport Association (IATA) is expanding its cargo payment management offerings in Latin America due to significant growth in the region's air freight sector. Over the past decade, airlines in Latin America have experienced a 38.8% cumulative growth in cargo tonne kilometers. Mexico, a major air cargo market, saw its domestic segment transport over 125,000 metric tons of cargo in 2025. IATA has extended its Cargo Accounts Settlement Systems (CASS) to include domestic operations in Mexico and plans to introduce IATA FlexiPay, a real-time billing system, making Mexico the second country after the U.S. to access this service. Additionally, CASS Export is set to launch in Paraguay, and CASS Domestic will be introduced in Brazil by early 2027.