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Airplanes and airlines. IATA calls on Venezuela to address issue of blocked funds

Miami, Usa - Proposes resolution roadmap to end impasse

The International Air Transport Association (IATA) called on the Venezuelan government to address the problem of the $3.7 billion in airline funds the government is withholding from the airlines. The blocked money was generated from airline ticket sales in Venezuela and is being withheld in breach of international treaties. Venezuela has a complex system of currency controls in place by which the...

fra/pec - 1168948
Rome, Italy, 06/09/2015 14:42
AVIONEWS - World Aeronautical Press Agency

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