…Lists Top 10 Countries Responsible For 80% Of Blocked Funds
The International Air Transport Association (IATA) has said that $1.3 billion in airline funds are blocked from repatriation by governments as at end April 2025.
This is a significant amount, although it is an improvement of 25 per cent compared to the $1.7 billion reported for October 2024.
IATA urged governments to remove all barriers preventing airlines from the timely repatriation of their revenues from ticket sales and other activities in accordance with international agreements and treaty obligations.
According to IATA, Director General, Willie Walsh, “Ensuring the timely repatriation of revenues is vital for airlines to cover dollar-denominated expenses and maintain their operations. Delays and denials violate bilateral agreements and increase exchange rate risks. Reliable access to revenues is critical for any business—particularly airlines which operate on very thin margins. Economies and jobs rely on international connectivity. Governments must realize that it is a challenge for airlines to maintain connectivity when revenue repatriation is denied or delayed.”
IATA disclosed that 10 countries are responsible for 80 per cent of the total blocked funds amounting to $1.03 billion.
Country Amount USD Million
1, Mozambique—–$205
2, XAF Zone——— 191
3, Algeria————– 178
4, Lebanon————-142
5, Bangladesh———92
6, Angola————— 84
7, Pakistan———— 83
8, Eritrea—————–76
9, Zimbabwe———- 68
10, Ethiopia————- 44
XAF Zone (Cameroon, Central African Republic, Chad, Congo, Equatorial Guinea, and Gabon)
*Country Highlights*
IATA said that Pakistan and Bangladesh, previously in the top five blocked funds countries, have made notable progress in clearing their backlog to $83 million and $92 million, respectively (from $311 million and $196 million in October 2024, respectively).
Mozambique has climbed up to the top of blocked funds countries, withholding $205 million from airlines, compared with $127 million in October 2024.
The Africa and Middle East (AME) region accounts for 85 per cent of total blocked funds, at $1.1 billion as at the end April 2025.
The most significant improvement was noted in Bolivia, fully clearing its backlog that stood at $42 million at end October 2024.
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