International Air Transport Association (IATA)

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Overview:

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 by the Convention on International Civil Aviation (1944) known as Chicago Convention.
  • Headquarters: Montreal, Canada
  • Functions:
    • ICAO is dedicated to developing safe and efficient international air transport for 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 agreements aimed 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.

 


Q1) What is the Chicago Convention?

Chicago Convention, also known as The Convention on International Civil Aviation, is a multinational agreement giving rise to a special agency called Civil Aviation Organization (ICAO). This agency is concerned with monitoring and managing international air movements. It sets the regulations and safety standards that govern travelling on air. Besides these, it ensures that air fuel is not subjected to double taxation

Source: India Emerging As Important Aviation Market With Increasing Air Passenger Traffic: IATA