International Air Transport Association (IATA)

May 1, 2023

India is fast emerging as a key global aviation market, according to the latest market analysis report of the International Air Transport Association (IATA).

About International Air Transport Association (IATA):

  • IATA is an international trade body founded in 1945 by a group of airlines.
  • Currently, IATA represents some 300 airlines comprising 94% of the international scheduled air traffic.
  • IATA members include the world’s leading passenger and cargo airlines.
  • Headquarters: Montreal, Canada
  • Mission: To represent, lead and serve the airline industry.
  • IATA supports many areas of aviation activity and helps formulate industry policy on critical aviation issues, including environmental concerns.

What is International Civil Aviation Organisation (ICAO)?

  • ICAO is an intergovernmental specialized agency associated with the United Nations (UN).
  • It was established in 1947 bythe Convention on International Civil Aviation (1944) known as Chicago Convention.
  • Headquarters: Montreal, Canada
  • Functions:
    • ICAO is dedicated to developing safe and efficient international air transportfor peaceful purposes and ensuring a reasonable opportunity for every state to operate international airlines. 
    • It sets standards and regulations necessary for aviation safety, security and facilitation, efficiency, and economic development of air transport as well as to improve the environmental performance of aviation. 
    • It also serves as a clearinghouse for cooperation and discussion on civil aviation issues among its 193 member states.
    • It also promotes regional and international agreementsaimed at liberalizing aviation markets.
    • It helps to establish legal standards to ensure that the growth of aviation does not compromise safety and encourages the development of other aspects of international aviation law.

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