3-Jul-2024 12:40 PM

IATA: African region accounts for over 52% of global blocked airline funds

IATA announced (02-Jul-2024) blocked airline funds in African countries stood at USD880 million in Jun-2024, accounting for over 52% of blocked funds globally. The top five areas with blocked funds are:

IATA added Nigeria has cleared 98% of the USD831 million total in funds previously blocked in the country. [more - original PR]

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