Story perspectives

Yuan Set for Airline Settlement: Boosting Global Trade

11/7/2025

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Summary

Story summary

The International Air Transport Association will add the yuan to its settlement currencies for airlines, starting next month.
China Southern Airlines and Xiamen Airlines will be the first domestic carriers to use the new yuan settlement system.
IATA's platform currently processes about $63.8 billion in transactions for 581 airlines.
Experts say the move advances yuan internationalization and could strengthen its acceptance in global trade and finance.

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Story summary

The International Air Transport Association will add the yuan to its settlement currencies for airlines, starting next month.
China Southern Airlines and Xiamen Airlines will be the first domestic carriers to use the new yuan settlement system.
IATA's platform currently processes about $63.8 billion in transactions for 581 airlines.
Experts say the move advances yuan internationalization and could strengthen its acceptance in global trade and finance.