International Air Transport Association
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.
|Formation||19 April 1945 in Havana, Cuba|
|Type||International trade association|
|Headquarters||800, Place Victoria (rue Gauvin),|
|290 airlines in 120 countries|
Consisting in 2016 of 290 airlines, primarily major carriers, representing 117 countries, the IATA's member airlines account for carrying approximately 82% of total available seat miles air traffic. IATA supports airline activity and helps formulate industry policy and standards. It is headquartered in Canada in the city of Montréal, with executive offices in Geneva, Switzerland.