The International Air Transport Association (IATA) has announced that as of the end of April 2025, governments around the world are blocking a total of $1.3 billion in airline revenues from being repatriated. This situation threatens the ability of airlines to sustain operations and puts the stability of global connectivity at risk.
While this figure remains high, it represents a 25% improvement compared to the $1.7 billion reported in October 2024.
Clear Message from IATA: Honour International Agreements
In a statement on the issue, IATA Director General Willie Walsh emphasised:
“Airlines must be able to repatriate revenues in accordance with international agreements. Blocking or delaying access to these funds violates bilateral agreements and increases currency risk. Reliable access to these revenues is vital, especially since airlines operate on thin profit margins. Governments must recognise that blocking airline funds also disrupts international connectivity.”
80% of Blocked Funds Held by Just 10 Countries
According to IATA data, 80% of the total $1.3 billion in blocked funds is held by just 10 countries. The list of countries and the amounts involved are as follows:
Country | Blocked Amount (Million USD) |
---|---|
Mozambique | 205 |
XAF Region* | 191 |
Algeria | 178 |
Lebanon | 142 |
Bangladesh | 92 |
Angola | 84 |
Pakistan | 83 |
Eritrea | 76 |
Zimbabwe | 68 |
Ethiopia | 44 |
* XAF Region includes Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea, and Gabon.
Africa and the Middle East: The Most Critical Region
A staggering 85% of all blocked funds are concentrated in the Africa and Middle East (AME) region. Mozambique now tops the list with $205 million. The XAF Region and Algeria are also prominent among countries withholding significant funds.
Positive Developments in Some Countries
Some countries have made encouraging progress in reducing blocked funds:
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Pakistan reduced its blocked funds from $311 million in October 2024 to $83 million.
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Bangladesh cut its blocked amount from $196 million to $92 million.
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Bolivia fully cleared its $42 million debt reported at the end of October 2024.
These positive examples highlight the importance of constructive dialogue between governments and airlines.
IATA’s Call to Governments: Don’t Jeopardise Global Mobility
IATA stresses that governments must honour their international commitments to ensure airlines’ financial sustainability and the continuity of global connectivity. The free flow of airline revenues not only supports the aviation sector but also has a direct impact on tourism, trade, and overall economic growth.