International Air Transport Association

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Related to IATA: ICAO

International Air Transport Association

Also called the IATA. A trade association for airlines all over the world. It promotes flight safety, encourages technical developments, and, perhaps most importantly, lobbies for favorable legislation from governments. It was established in 1945 in Havana and is based in Montreal.
References in periodicals archive ?
A signing ceremony event was held at the Academy on Tuesday, 9 July 2019 and the agreement was signed by MAB Academy Chief Executive Officer, Captain Kamarudin Kamilin and IATAs Regional Vice President, Asia Pacific, Mr Conrad Clifford.
"IATA fully supports Aviation Day Azerbaijan and is appreciative of AZAL for co-hosting this important event for air transport in Azerbaijan.
We are proud to become an Iata Regional Training Partner and look forward to connecting with new partners in the region and beyond."
The key issues surrounding the industry will be on the discussion table at the AGM and the WATS, which will be joined by 1,000 top leaders from the IATA's 290 member airlines.
The International Air Transport Association (IATA) is the trade association for the world's airlines, representing some 290 airlines or 82 per cent of total air traffic.
Commenting on the feat, Mr Ivica Kovacic, Head, Global Partnerships and Innovations, IATA Training, applauded Ms Alade on the achievement saying 'On behalf of IATA training, I congratulate you on successfully completing the foundation in travel and tourism with Amadeus course and acknowledge you as the student with the Best Performance in your country for the December 2018 exam session.
The airlines balance sheet has always been a concern for IATA the world over and recently only American and European carriers have significantly recovered balance sheet which is decently financed and has lower debt, he said.
According to IATA, the new payment system offers a cheaper payment option compared to other alternatives; a faster cashflow with instant/near instant payment to the merchant; a simpler payment process resulting in fewer lost sales; and a more secure platform.
Iata said favorable economic growth and lower oil costs would usher in profitability in the airline industry for a 10th straight year.
"It is a great pleasure to welcome Cyprus Airways to the IATA family.
IATA just held its 74th Annual General Meeting in Sydney, Australia from June 2 to 5 and chose Korean Air to host next year's IATA AGM.
Summary: IATA downgrades global profitability forecast due to higher labour, fuel costs