IATA Current Affairs - 2019
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The International Air Transport Association (IATA) has signed Memorandum of Understanding (MoU) with Ministry of Civil Aviation (MoCA) and National Aviation University (NAU) to enhance human resource availability in India’s aviation industry.
The three parties to the MoU formalised this partnership on sidelines of Wings India 2018 held in Hyderabad, Telangana. Under the agreement, signatory institutions will leverage existing infrastructure for training in India to expand reach of vocational training in aviation disciplines. It also provides for developing closer academic cooperation between IATA and National Aviation University.
India is expected to be third largest aviation market in the world behind China and US by 2024. It is forecasted to grow to a market size of 480 million passengers in 2036. This partnership will help contribute to human resource capacity building for India.
Wings India 2018
It was international exhibition and conference on civil aviation sector hosted from March 8-10, 2018 at the Begumpet Airport in Hyderabad. It provided forum for rapidly changing dynamics of aviation sector. It was jointly organised by Federation of Indian Chambers of Commerce and Industry (FICCI), Ministry of Civil Aviation and Airports Authority of India (AAI). Its theme was ‘India – Global Aviation Hub’. It hosted numerous conferences focusing on aviation policy issues and business aspects with eminent speakers, policy makers and experts.
International Air Transport Association (IATA)
- IATA is trade association of the world’s airlines. It was established in April 1945 and is headquartered in Montreal, Quebec, Canada with Executive Offices in Geneva, Switzerland.
- It supports airline activity and helps formulate industry policy and standards. Its mission is to represent, lead and serve the airline industry.
- It comprises 278 airlines, primarily major carriers, representing 117 countries under its ambit. IATA’s member airlines account for carrying approximately 83% of total aviation traffic across the world.
Tags: Aviation Sector • Business • Civil Aviation Ministry • Economy • Human Resources
India and Lao PDR have signed civil aviation cooperation agreement for providing SkyRev360, a comprehensive e-data gathering, invoicing and collection system.
The agreement was signed between Airports Authority of India (AAI) and Lao Air Traffic Management, Department of Civil Aviation.
SkyRev360 is fully automated and comprehensive data gathering invoicing and collection service system. It has been developed by AAI in collaboration with International Air Transport Association (IATA) under the Government’s Make in India initiative. It helps to eliminate inaccuracies errors and delays for better revenue management with less manual processing. It was launched in February 2017 by AAI.
It helps airport operators world-wide in avoiding revenue leakages, reducing redundancies, disputes and easy integration with all external systems. It also helps in curtailing the debt collection period to the minimum.
Data gathering and processing module: It can ensure essential data of invoices latest and most complete.
Invoicing module: It maintains all account attributes and allows for extensive view of associated data, including aircraft specifications, flight movements, billing ledger records, etc.
Collection: Its all data collections are managed with IATA Enhancement & Financing Services (E&F) process, which offers efficiencies and automation to air navigation service providers (ANSPs) and airlines by settling through IATA Settlement Systems.
Airline queries: All queries and disputes related to billing and collection from your air operators are handled by IATA team.
Dashboard and reports: It continuously reports incidents, airspace usage, traffic volumes, economic values etc.