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International Air Transport Association

The International Air Transport Association (IATA ) is an airline trade association 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.

According to IATA, the trade association represents 317 airlines, including major carriers, from over 120 countries. IATA's member airlines account for carrying approximately 82% (2020) of total available seat miles air traffic. IATA supports airline activity and helps formulate industry policy and standards. It is headquartered in Montreal, Canada. Provided by Wikipedia