IATA: Indigo CEO Peter Albers gets new responsibility, appointed president of IATA

Peter Albers, CEO of India’s largest airline IndiGo, has been elected as the Chairman of the Board of Governors of the International Air Transport Association (IATA). He will continue in this post till next year. Albers will replace Yvonne Manzi Makolo, the current President and CEO of Rwandair.

What is IATA?

The International Air Transport Association is the world’s largest airline organization. There are about 300 airlines in it, which account for about 83 percent of the world’s air traffic. The organization supports aviation activities and helps in policy making on critical aviation issues. Significantly, IATA was established on April 19, 1945 in Havana, Cuba. At its inception, IATA had 57 members from 31 countries, mostly from Europe and North America. Today, 300 members from 120 countries are part of this group.

Air India also became part of the Board of Governors
Tata Sons-owned Air India has been elected to the Board of Governors at the IATA AGM held in Istanbul last week. Air India joining the board after a gap of several years is considered a major achievement for the Indian aviation industry. With the joining of Air India, the Indian side in IATA will be stronger. It already included Indiga as the Indian representative. With this, the board of IATA will get suggestions according to the Indian perspective.