International Air Transport Association

International trade association for airlines

The International Air Transport Association 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.

Also known as...IATA
Europe faces six-week jet fuel crisis

Europe faces six-week jet fuel crisis Airlines are cancelling flights as the International Energy Agency warns Europe has only six weeks of jet fuel remaining.