Ecnomics

Topics: IATA members, Flag carrier, Government-owned airlines Pages: 20 (3898 words) Published: July 5, 2013
International Air Transport Association|
|
Abbreviation| IATA|
Formation| 19 April 1945 (68 years ago),Havana, Cuba|
Type| international trade association|
Purpose/focus| represent, lead, and serveairline industry| Headquarters| 800 Place Victoria (rue Gauvin), Montreal, Canada| Coordinates| 45.5006°N 73.5617°W|
Membership| 240 airlines (2011)[1]|
DG and CEO| Tony Tyler|
Website| iata.org|

International Air Transport Association (IATA)
  

Definition:-

What is IATA:-

IATA - the International Air Transport Association – works with its airline members and the air transport industry as a whole to promote safe, reliable, secure and economical air travel for the benefit of the world's consumers. IATA has 63 offices in 60 countries, It represents some 240 airlines from 118 countries. Flights by IATA members represents 84% of total traffic Private organization promoting cooperation among the world's scheduled airlines to ensure safe, secure, reliable, and economical air services. Through IATA, local airlines have combined their individual ticketingand reservation networks into a global system that overcomes differences in currencies, customs, languages,and laws.  IATA accredits the travel agents all over the world, except the US where local organization (Airline Reporting Corporation) provides accreditation. IATA's headquarters are in Montreal, Canada and the executive offices are in Geneva, Switzerland. Not to be confused with International Civil Aviation Organization (ICAO) which is a governmental organization. What does IATA do?

IATA provides a wide range of services and programs to its member airlines, the broader aviation community and by extension the traveling public. IATA sets standards in many areas of the business - from ticketing to baggage - that make it possible for passengers to travel from one place to another using two or more airlines. It also leads a number of industry initiatives involving safety, security, environment and the quality of air travel. IATA makes buying tickets easier as well. It accredits over 70,000 travel agents worldwide to ensure they provide the high standards of service and dependability that airlines and their clients expect. IATA’s Billing and Settlement Plan serves as the financial backbone of the industry by managing the flow of the over $270 billion generated annually by travel agent ticket sales to airlines. 

History:-
IATA was formed on 19 April 1945, in Havana, Cuba. It is the successor to the International Air Traffic Association, founded in The Hague in 1919, the year of the world's first international scheduled services. At its founding, IATA had 57 members from 31 nations, mostly in Europe and North America. Today it has about 230 members from more than 140 nations in every part of the world. Vision and Mission of Iata

Vision of iata:-
To be the force for value creation and innovation driving a safe, secure and profitable air transport industry that sustainably connects and enriches our world. Mission of iata:-
IATA’s mission is to represent, lead, and serve the airline industry. All the Airline rules and regulations are defined by IATA.The main aim of IATA is to provide safe and secure transportation to its passengers.

* Representing the airline industry:

We improve understanding of the air transport industry among decision makers and increase awareness of the benefits that aviation brings to national and global economies. Advocating for the interests of airlines across the globe, we challenge unreasonable rules and charges, hold regulators and governments to account, and strive for sensible regulation. * Leading the airline industry:

For nearly 70 years, we have developed global commercial standards upon which the air transport industry is built. Our aim is to assist airlines by simplifying processes and increasing passenger convenience while reducing costs and improving efficiency. * Serving the...
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