Introduction to IATA: 5 Minutes

IATA stands for the International Air Transport Association. It is a trade association of airlines worldwide, representing around 290 airlines and accounting for about 82% of air traffic. IATA provides a variety of services and support to its member airlines, including the development of industry standards, the facilitation of global air travel through the creation of standardized procedures and systems, and the promotion of safety and efficiency in air transportation. One of the notable services provided by IATA is the IATA airport and airline codes. These codes, such as the three-letter codes for airports (e.g., JFK for John F. Kennedy International Airport) and two-letter codes for airlines (e.g., AA for American Airlines), are widely used in the airline industry for ticketing, baggage handling, and other operational purposes. IATA also plays a crucial role in advocating for the interests of the airline industry, working on issues such as safety, security, environmental sustainability, and the efficient use of air traffic management systems.

OUTLINE:

00:00:00 The Birth of IATA
00:00:48 The Mission of IATA
00:01:07 Objectives of IATA
00:01:42 Functions of IATA
00:02:16 IATA's Headquarters in Montreal
00:02:44 The Invisible Hand of IATA