IATA says Venezuela failing to meet obligations

By: | at 03:40 PM | Channel(s): Air Cargo  

IATA says Venezuela failing to meet obligations The International Air Transport Association (IATA) called on the Venezuelan government urgently to honor its commitment made in March to permit the repatriation of $3.9 billion of airline funds at fair exchange rates. The funds are from sales of airline tickets in Venezuela and are being held in contravention of international treaties.

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American Journal of Transportation