Reading Time: < 1 minute The International Air Transport Association (IATA) called on governments to abide by international agreements and treaty obligations to enable airlines to repatriate revenues from ticket sales and other activities. According to IATA, the amount of airline funds blocked from repatriation totaled $4.9 billion at the end of 2017, which was down 7% compared to year-end […]

Reading Time: < 1 minute The International Air Transport Association (IATA) and Egyptian authorities are working together to find a practical solution to release, for repatriation foreign exchange funds due international airlines operating to Egypt. Since March, airlines have been unable to repatriate the full amount due them under international conventions, as a result of restrictions imposed by the Government […]