IATA
IATA stands for International Air Transport Association. It is a trade association of the world's airlines founded in 1945. IATA provides a platform for airlines to cooperate and solve common problems, as well as to promote safe, reliable, and economical air travel. The association sets standards for airline safety, security, efficiency, and sustainability. IATA also develops and maintains industry financial standards, such as the billing and settlement plan, which simplifies ticketing and accounting between airlines and travel agents. Additionally, IATA provides training and consulting services to its members and the wider aviation industry.
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