Almost 59 million dollars in airline funds are being blocked from repatriation in Ethiopia, according to the International Air Transport Association (IATA). The fund belongs to international airlines, including Kenyan Airways, Turkish Airlines, and Emirates Airways.
"Resolving this quickly is critical for airlines to continue providing connectivity needed to sustain jobs and energize economies as they recover from COVID-19," said Kamil Alawadhi, IATA’s Regional Vice President for Africa and the Middle East.
Passenger traffic to, from, and within Ethiopia showed a 30% year-on-year decline in June 2021, according to IATA, adding this was well ahead of the -66.6% (compared to 2019) recorded for the African continent.
