Regulatory

IATA calls on governments to release $1.3bn in blocked airline funds

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IATA calls on governments to release $1.3bn in blocked airline funds

IATA has urged governments to remove all barriers which prevent airlines from the repatriating their revenues, stating that as of the end of April, airlines are unable to access $1.3bn of their own money because governments are blocking its transfer.Despite these funds totalling well over $1bn, this...

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