Wings India 2018 Current Affairs
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.