SAWT BEIRUT INTERNATIONAL

| 18 April 2024, Thursday |

Lebanon fails to pay more than ten million dollars dues to international airlines

The dues of airlines to third parties in 20 countries in the world have reached about one billion dollars, at a time when governments are seeking to stop the exchange of hard currency owed to these companies, according to a report by the International Air Transport Association (IATA).

The Federation indicated that Lebanon, Bangladesh, Nigeria and Zimbabwe are among the countries most indebted to airlines, as they represent about 60% of the total arrears of airlines amounting to $963 million.

    Source:
  • Sawt Beirut International