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Airplanes. IATA seeks Antitrust aid for money air carriers locked in Venezuela

Miami, Usa - Equal to USD 3.8 bn

The International Air Transport Association (IATA) announced that it filed a request for antitrust immunity with the US Department of Transportation to allow airlines to discuss options to maintain connectivity to Venezuela in light of the Venezuelan government’s continuing refusal to release USD 3.8 billion in airline funds. Venezuela’s refusal to allow repatriation of airline revenues contravenes its...

fra/pec - 1177708

AVIONEWS - World Aeronautical Press Agency
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