Intelligence: Cuba Bans U.S. Dollar, Changes Departure Tax

Cuba's airport departure tax is now payable only in Cuban Convertible Pesos (CUC) following President Fidel Castro's ban of the U.S. dollar after 11 years in response to tighter sanctions imposed by the U.S. One CUC equals US$1 or C$1.22. The departure tax becomes 25 CUCs. Cuba will charge a 10%...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.