IATA announced the move is expected to grow Montreal employment opportunities to more than 400 positions with the addition of 27 full-time jobs—some newly created, others relocated from Geneva, Switzerland.
"Our decision to expand our operations in Montreal is an important strategic move for IATA. Since 1945 IATA has been headquartered in Montreal. Led by the presence of the International Civil Aviation Organization (ICAO), Montreal is one of the world's great civil aviation hubs and a cost-competitive place for us to conduct our global business operations,” elaborated Alexandre de Juniac, CEO, IATA.
This expansion is part of creating a Global Delivery Centre where IATA's Financial Settlement Systems’ back office functions are consolidated into four locations – Montreal, Beijing (China), Madrid (Spain) and Singapore. As well as ICAO, Montreal is also home to the headquarters of the International Federation of Airline Pilots' Associations, Airports Council International, four original equipment manufacturers (Bombardier, Bell Helicopter Textron Canada, CAE and Pratt & Whitney Canada), and over 200 aerospace companies.