The full form of IATA is International Air Transport Association. IATA is a private organisation that promotes collaboration among scheduled airlines globally to secure, safe, dependable, and affordable airline services, i.e. to offer consulting services to the airline sector.
It has partnerships with about 275 airlines. The services provided by IATA include fleet and sales planning, cargo protection, capacity planning, management of airport operations, aviation safety, and airspace planning, among others. Additionally, it offers services for fund clearing, managerial accounting and distribution, accounting, financing, and accounting.
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Background of IATA
- In April 1945, IATA was established in Havana, Cuba.
- It was the heir apparent of the International Air Traffic Association, founded in 1919 at The Hague.
- IATA initially had 57 airlines from 31 nations, but it now has partnerships with approximately 250 airlines.
- It keeps offices in Canada’s Montreal. The company’s main office is in Geneva, Switzerland.
Objectives of IATA
- The goals of IATA Safety are the organization’s priority. It provides an IATA Operational Safety Audit, a safety tool.
- It is still governed at the state level in many nations. 2012 was the best year in aviation history.
- IATA created a select committee in 2014 to watch the planes as they fly.
- In 2004, the software was released. The initiative was put in place to make travelling simpler.