New Initiatives of IATA in 1998

• Safety
  • Average global accident rate reduced by 33 % in 1993-1998
  • No human casualty in scheduled flights of US airlines in 1998
• Infrastructure
  • Y2K initiative, with USD 20 million budget
  • Indian airports found Y2K compliant, by and large
• User Charges
  • 142 meetings in 1998, USD 124 million savings
  • Target of USD 573 million in future
• Awareness of Aviation related matters
  • Economic impact of civil aviation by 2010 will be
    • USD 1800 billion and 33 million jobs

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