SITA is a multinational information technology company providing IT and telecommunication services to the air transport industry. The same function applies to freight and mail. The International Air Transport Association was founded in 1945 by the airlines of several countries to regulate the world’s civil air transport. IATA has been described as a cartel since, in addition to setting technical standards for airlines, IATA also organized tariff … Besides, IATA is a global commercial body consisting of a group of airlines. It is the successor to the International Air Transportation Association founded at Hague in 1919. The Path Forward. International Air Transport Association (IATA)'s main competitors include Viva Air, Atlantic Aviation, Republic Airways and United Airlines. International Air Transport Association (IATA) Airlines/Aviation Geneva, Le Grand-Saconnex 489,680 followers Flying is the Business of Freedom #Test4Travel #FlySafe Around the world, nearly every passenger flight relies on SITA technology. Compare International Air Transport Association (IATA) to its competitors by revenue, employee growth and other metrics at Craft. IATA (International Air Transport Association) since 1950; AEA (Association of European Airlines) since 1957; ... Icelandair is the largest subsidiary. New Delhi: The International Air Transport Association (IATA) on Tuesday (November 24, 2020) announced a revised outlook for airline industry performance in 2020 and 2021 and said that the deep industry losses will continue into 2021, even though performance is expected to improve over the period of the forecast.. The International Air Transport Association is in the final stages of developing a digital COVID-19 vaccine passport for travelers. Coordinates. Therefore, the main function is to ensure the safe movement of people and goods from any point in the world. The International Air Transport Association (IATA / aɪ ˈ ɑː t ə /) is a trade association of the world's airlines founded in 1945. The International Air Transport Association (IATA) is a worldwide association of all airline carriers. 2005 Flugleidir changes its name to FL Group and the holding company announces its emphasis on investment. *The information is correct to the best of IATA's knowledge at the time of publication and is being reviewed and updated on an ongoing basis by IATA staff, given the rapidly evolving nature of the international response to the COVID-19 outbreak IATA cannot guarantee its accuracy and can accept no liability for any errors or omissions. International Air Transport Association Archives - Read the latest news & analysis from the air cargo industry. 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