Trapped Funds: Foreign Airlines Plan Meeting With Fed Govt
The Switzerland-based global airline body, International Air Transport Association (IATA) on Sunday warned that rapidly rising levels of blocked funds were a threat to airline connectivity in Nigeria and some affected countries.
IATA disclosed that the industry’s...
Foreign Airlines Express Worry As FG Blocks $450m Ticket Revenue
The International Air Transport Association (IATA) has expressed concern over the decision by the Federal Government of Nigeria to block foreign airlines from repatriating ticket sales revenue running to $450m (N188.6bn) into their respective countries.
IATA,...