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IATA: Venezuela still blocking USD 4.1 billion owed to airlines

Miami, USA - International Capacity Falls 36% under Growing Financial Burden

The International Air Transport Association (IATA) called on the Venezuelan government to honor the commitment it made in March to permit airlines to repatriate in full and at fair exchange rates airline funds being blocked in the country. While the government has permitted the repatriation of $424 million shared among a number of airlines, continuing sales in the country have seen the total amount...

fra/pec - 1161881

AVIONEWS - World Aeronautical Press Agency
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