IATA reports airline funds blocked by governments down to $1.7B, with Pakistan leading at $311M.

IATA reports a slight improvement, with $1.7 billion in airline funds blocked by governments as of October 2024, down from $1.8 billion in April. Nigeria has cleared its backlog and was removed from the list. Pakistan leads the list with $311 million in blocked funds. IATA urges governments to remove barriers for airlines to repatriate revenues, emphasizing the importance of aviation for economic prosperity.

4 months ago
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