IATA: Governments in 26 countries hold $1.12bn of airline funds — 93% in Africa and the Middle East
IATA says governments in 26 countries are holding $1.12 billion of airline revenues — about 93% tied up in Africa and the Middle East. The association urged immediate release, respect for bilateral air‑service rights and prompt currency repatriation as approvals and foreign‑exchange shortages restrict carriers.