A recent report by the International Air Transport Association or IATA was released about the prosp...........

Geography Transport

A recent report by the International Air Transport Association or IATA was released about the prospects of civil aviation in India. Which of the following statements in this regard is/are correct?

IATA is a governmental organisation for promoting cooperation among the world’s scheduled airlines to ensure safe, secure, reliable and economical air services.
The report ranked India’s civil aviation industry to be the third largest in the world.

Select the correct answer using the codes given below

1 only

2 only

Both 1 and 2

Neither 1 nor 2

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Explanation:

The first statement is incorrect becuase IATA is a private body and not a governmental organisation. The second body is incorrect because the report states that India is at present 7th largest aviation market stated to become third largest by 2024.

It is headquartered in Montreal, Quebec, Canada with Executive Offices in Geneva, Switzerland.