IATA will locate its global operations center in Madrid

It will manage operations of 280 airlines around the world, from the Spanish capital.

IATA, International Association of Air Transport, released the news of the opening of a global operations center in Madrid, Spain.

The association, which already had its European management center in that city, will now move to manage the regions of North America, Latin America, Africa, the Middle East and part of Asia, although the headquarters will continue to be in the Swiss city of Geneva .

From its center in Madrid, it will be managing the operations of the 280 airlines that belong to the association, which means 83% of the world’s air traffic and a ticket sales business of around 150,000 million dollars. In addition to the airlines, some 50,000 travel agencies and cargo agents will also be controlled from the operations center, covering a figure of 315 million air tickets issued annually.

According to Rafael Schvartzman, regional vice president for Europe, IATA wants to contribute to make Madrid one of the great capitals of aviation worldwide.

The IATA operations center will be located in Torre Europa, a skyscraper located in the financial district of AZCA, and plans to increase the number of employees of 260 that it currently has, to 330 by the end of 2018.

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