Therefore, the main function is to ensure the safe movement of people and goods from any point in the world. The company provides its services to around 400 members and 2,800 customers worldwide, which it claims is about 90% of the world's airline business. The Path Forward. Compare International Air Transport Association (IATA) to its competitors by revenue, employee growth and other metrics at Craft. 2005 Flugleidir changes its name to FL Group and the holding company announces its emphasis on investment. IATA (International Air Transport Association) since 1950; AEA (Association of European Airlines) since 1957; ... Icelandair is the largest subsidiary. International Air Transport Association (IATA) Airlines/Aviation Geneva, Le Grand-Saconnex 489,680 followers Flying is the Business of Freedom #Test4Travel #FlySafe Coordinates. *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. The same function applies to freight and mail. International Air Transport Association Archives - Read the latest news & analysis from the air cargo industry. The International Air Transport Association (IATA) is a worldwide association of all airline carriers. Besides, IATA is a global commercial body consisting of a group of airlines. 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.. Around the world, nearly every passenger flight relies on SITA technology. It is the successor to the International Air Transportation Association founded at Hague in 1919. International Air Transport Association (IATA)'s main competitors include Viva Air, Atlantic Aviation, Republic Airways and United Airlines. The International Air Transport Association is in the final stages of developing a digital COVID-19 vaccine passport for travelers. The International Air Transport Association was founded in 1945 by the airlines of several countries to regulate the world’s civil air transport. 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