CBN clears $831m foreign airlines’ trapped funds – IATA
Carriers faced difficulties in repatriating revenues in US dollars The development had increased the global trapped funds of international airlines ...
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Tag: IATA
98% of airlines’ funds trapped in Nigeria cleared – IATA
Willie Walsh, IATA’s director-general, in a statement on Sunday said $19 million balance is left for Nigeria to settle 98 ...
Foreign Airlines’ Trapped Funds Hit $812m
According to the International Air Transport Association (IATA), foreign airlines are finding it increasingly difficult to retrieve their earnings from ...
Nigeria blocks repatriation of $450m foreign airlines’ revenue – IATA
Nigeria has withheld about $450 million in revenue earned by foreign airlines operating in the country, the International Air Transport ...
IATA: African airlines’ capacity increased by 34.7% in February
The International Air Transport Association (IATA) has disclosed that air travel in Nigeria and other African countries recorded significant growth ...
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