IATA Urges Pakistan and Bangladesh to Release Airline Revenues, Citing Severe Impact on Industry

The International Air Transport Association (IATA) has called on Pakistan and Bangladesh to promptly release airline revenues totaling over $720 million that are being held in violation of international agreements. With $399 million trapped in Pakistan and $323 million in Bangladesh, airlines face significant challenges in repatriating earnings crucial for operational expenses such as lease agreements and fuel.

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