IATA regional VP for Africa and the Middle East Kamil Al-Awadhi.
Credit: IATA
ISTANBUL–The escalating levels of blocked funds will continue to damage airline connectivity worldwide, IATA has warned. The industry’s blocked funds have increased by 47% to $2.27 billion in April 2023, up from $1.55 billion during April 2022. The trapped funds are proceeds of ticket sales made in...
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