Africa, M-East Hold 85% of Airlines' Blocked Funds

Africa, M-East Hold 85% of Airlines' Blocked Funds

The International Air Transport Association, IATA, has said $1.3 billion in airline funds were blocked from repatriation by governments as of end April 2025.

Again, Nigeria maintains clean bill as $1.3bn airline funds remain blocked - Daily Trust

The International Air Transport Association (IATA) yesterday reported that $1.3 billion in airline funds are blocked from repatriation by governments as of end of April 2025. According to IATA, this is a significant amount, although it is an improvement of 25% compared with the $1.7 billion reported for October 2024. The association stated that 10 countries account for 80% of the total blocked funds, amounting to $1.03 billion. However, Nigeria …

IATA urges release of $1.3 billion in blocked airline revenues

According to a press release issued by the International Air Transport Association (IATA) on 2 June, $1.3 billion in airline revenues remained blocked as of the end of April 2025, with ten countries accounting for 85% of the total. IATA is urging the concerned governments to ‘remove all barriers’ and ensure the repatriation of these funds in accordance with international agreements and treaty obligations. These funds originate from ticket sales,…

Nigeria Maintains Clean Bill as $1.3bn Airline Funds Remain Blocked - Economic Confidential

The International Air Transport Association (IATA) yesterday reported that $1.3 billion in airline funds are blocked from repatriation by governments as of end of April 2025. The post Nigeria Maintains Clean Bill as $1.3bn Airline Funds Remain Blocked appeared first on Economic Confidential.

$1.3bln in airline funds blocked by governments

It is an improvement of 25% compared with the $1.7 billion reported for October 20241