India to host IATA’s 81st Annual Summit

India to host IATA’s 81st Annual Summit

Context: After a 42-year gap, India will host the International Air Transport Association (IATA) ‘s annual general meeting (AGM) next year. The decision was taken at the 80th IATA AGM in Dubai.

About:

• This will be the third time the IATA AGM has convened in India (Delhi), after 1958 and 1983.
• IndiGo, India’s largest airline by market share, will be the host airline of the AGM.
• Participants: Almost all global airlines, aircraft manufacturers, and aviation sector stakeholders.
• International Air Transport Association (IATA)
• IATA was founded in Havana, Cuba, in 1945 to promote inter-airline cooperation in promoting safe, reliable, secure and economical air services.
• At its founding, IATA had 57 members from 31 nations, mostly in Europe and North America.
• Currently, its 330 airline members from 120 nations comprise more than 80 percent of global air traffic.
• HQ: Montreal, Canada.

International Civil Aviation Organisation (ICAO)

• It is an intergovernmental specialized agency associated with the United Nations (UN).
• Established by: Convention on International Civil Aviation 1944 (Chicago Convention).
• HQ: Montreal, Canada.
• It establishes legal standards in the aviation sector while catering to discussions on civil aviation issues. This will be the third time the IATA AGM has convened in India (Delhi), after 1958 and 1983.
• IndiGo, India’s largest airline by market share, will be the host airline of the AGM.
• Participants: Almost all global airlines, aircraft manufacturers, and aviation sector stakeholders.

International Air Transport Association (IATA)

• IATA was founded in Havana, Cuba, in 1945 to promote inter-airline cooperation in promoting safe, reliable, secure and economical air services.
• At its founding, IATA had 57 members from 31 nations, mostly in Europe and North America.
• Currently, its 330 airline members from 120 nations comprise more than 80 percent of global air traffic.
• HQ: Montreal, Canada.
• International Civil Aviation Organisation (ICAO)
• It is an intergovernmental specialized agency associated with the United Nations (UN).
• Established by: Convention on International Civil Aviation 1944 (Chicago Convention).
• HQ: Montreal, Canada.
• It establishes legal standards in the aviation sector while catering to discussions on civil aviation issues