A highly successful initiative by TAAI since the 90s(almost 25 years ago) has been the TAAI initiative offer to its membership the Joint Bank Guarantee option in offering financial secutity to IATA-BSP. IATA closed the program during 2013, since it was only a local program.Thanks to the aggressive and detailed presentation made by TAAI at the PAConf during 2014 at San Diego, USA, IATA PA Conference successfully voted in favour of the launch of Joint Bank Guarantee Program as a governing solution.