Blocked airline funds in Africa reach US$1bn
IATA said governments blocked US$1.7bn (R30.3bn) of airline funds at the end of October, a slight improvement from US$1.8bn (R32.1bn) at the end of April. About US$1 billion (R17.8 billion) of airline money blocked from repatriation is in African countries, about 59% of the global total. Over the past six months, there have been significant […]
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