Connectivity Continues To Be Threatened By Blocked Funds

IATA regional VP for Africa and the Middle East Kamil Al-Awadhi.

Credit: IATA
ISTANBUL–The escalating levels of blocked funds will continue to damage airline connectivity worldwide, IATA has warned. The industry’s blocked funds have increased by 47% to $2.27 billion in April 2023, up from $1.55 billion during April 2022. The trapped funds are proceeds of ticket sales made in...
David Casey

David Casey is Editor in Chief of Routes, the global route development community's trusted source for news and information.

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