Cash-strapped Pakistan struggling to pay international airlines dues

The International Air Transport Association (IATA) has issued a warning about financial crisis in Pakistan as the international airlines are finding it difficult to repatriate their dues, paid in dollars from the country. The Pakistan Civil Aviation Authority (PCAA) has stated that it has been in touch with the appropriate authorities and is working to pay the airlines on time. As per IATA records, $290 million are stuck in Pakistan as of January 2023, which increased by almost a third since December 2022. Speaking to the financial times, Philip Goh, Asia-Pacific head, IATA said: “Airlines are facing long delays before