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IATA raises concern over $1.68 billion trapped fund

The group urged Nigeria and other African countries to avoid imposing multiple taxes on their operations.

Ethiopian Deals To Acquire 84 Aircrafts Valued $23bn | The Reporter

IATA Calls Out Nigeria, Ghana, Others Over Foreign Airlines' $1.68bn Trapped Fund

IATA has once more voiced disapproval toward Nigeria and other African nations for their reluctance to permit international airlines to repatriate their profits.

Nigeria, Other African Countries Owe Foreign Airlines $1.68 Billion-IATA

Nigeria, others owe foreign airlines $1.68bn

The Regional Vice-President for Africa and the Middle East, Kamil Alawadhi disclosed this during the African Airlines Association 55th Annual General Assembly in Uganda.

IATA Laments $1.68 Billion Stranded Fund and an Excessive Tax System

$1.68bn foreign airlines' funds trapped in Nigeria, others - IATA

The International Air Transport Association says $1.68 billion of airlines’ funds are trapped across Africa as of September 2023 out of a global total of

Kenya has vast growth potential in aviation and technology

$1.68bn airlines' funds trapped in Nigeria, other African countries - IATA reveals

Kenya has vast growth potential in aviation and technology