Airlines
IATA Presses Egypt To Release Blocked Airline Revenues
IATA says that Egyptian foreign currency exchange restrictions have resulted in $275 million of airline revenues being trapped in the country.

The International Air Transport Association (IATA) is urging the Egyptian government to relax restrictions on foreign currency transfers that have resulted in international airlines being unable to repatriate income from ticket sales. The restrictions imposed in March 2016 have resulted in some $275 million in foreign exchange funds transfers from Egypt being blocked.