Browsing: Governments
10 December 2025 (Geneva) – The International Air Transport Association (IATA) reported that USD 1.2 billion in airline funds are blocked from repatriation by governments as of the end of October 2025. A marginal improvement of USD 100 million has been made since last reported in April 2025. Out of total blocked funds reported, 93% are trapped in Africa and Middle East (AME). IATA called on governments to lift all restrictions on currency repatriation and allow airlines to access their revenues in U.S. dollars from ticket sales, cargo sales and other activities, as guaranteed in bilateral air service agreements and treaty obligations. Rest
18 November 2025 (Belem, Brazil) – The International Air Transport Association (IATA), together with the governments of Japan, Malaysia and leading industry stakeholders, have issued a joint statement at COP30, urging governments and the international community to reaffirm the International Civil Aviation Organization (ICAO)’s leadership and accelerate coordinated climate action for aviation to reach net zero carbon emissions by 2050. Specifically, the signatories highlight the need for global solutions, emphasizing that ICAO remains the exclusive forum for addressing international aviation emissions. The signatories caution against fr