international agreements Archives - Aviation News

IATA Urges Governments to Release Blocked Airline Funds

2016-06-06

Reading Time: 2 minutes The International Air Transport Association (IATA) has called on governments to respect international agreements obliging them to ensure airlines are able to repatriate their revenues. IATA monitors blocked funds globally, the sum of which exceeds $5 billion. The top two countries blocking the repatriation of airline funds are Venezuela and Nigeria. “Air connectivity is vital […]

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