IATA Reports $1.7 Billion in Airline Blocked Funds Blocked; African countries hold the highest share

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The International Air Transport Association (IATA) has reported that ‘$1.7 billion in airline funds are blocked from repatriation by governments as of the end of October 2024.” IATA sees this as “a small improvement compared to the $1.8 billion reported at the end of April.” Willie Walsh, IATA’s Director General said: “Over the last six months, we have seen significant …