IATA acts in Venezuela

lATA has applied to the US Department of Transportation (DoT) requesting approval for airline and their alliance partners serving Venezuela to discuss and potentially agree upon “one or more courses of action designed to restore their ability to provide economically viable air transportation services to passengers and shippers originating in Venezuela” and to effect release by the Government of Venezuela of US$3.8 billion of airline funds “whose repatriation and meaningful use has long been prevented by the Venezuelan authorities”. lATA requests that such discussions be approved and fully immunised from US antitrust laws. The application requests that DoT grant immunized