The International Air Transport Association (IATA) is a trade association of the world's airlines founded in 1945. IATA has been described as a cartel since, in addition to setting technical standards for airlines, IATA also organized tariff conferences that served as a forum for price fixing. According to IATA, as of 2023 it represents 317 airlines, including major carriers, from over 120 countries. The IATA's member airlines account for carrying approximately 82% (2020) of total available seat miles air traffic. IATA supports airline activity and helps formulate industry policy and standards. It is headquartered in Montreal, Canada with executive offices in Geneva, Switzerland. [Wikipedia]
Inception: 1945
IATA International Air Transport Association Ratings: 3.9 of 5 stars with 58 ratings