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IATA calls on Venezuela to honor payment of airline funds, totaling 3.9bn

Tuesday, April 29th 2014 - 21:24 UTC
Full article 6 comments

The International Air Transport Association (IATA) called on the Venezuelan government urgently to honor its commitment made in March to permit the repatriation of 3.9 billion dollars of airline funds at fair exchange rates. The funds are from sales of airline tickets in Venezuela and are being held in contravention of international treaties. Read full article

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  • Klingon

    The check is in the mail

    Apr 30th, 2014 - 01:32 am - Link - Report abuse 0
  • Conqueror

    Cut venezuela off. Inbound flights? None. Outbound flights? Nowhere to land. Remove all “foreign” aircraft. All aircraft that haven't been paid for. Equipment. A flight from venezuela? You'll be landing in the Atlantic. Problems? Multinational special forces to take non-venezuelan aircraft and equipment. Aircraft from thieving venezuela? Shoot them down or blow them up. Who would care?

    Apr 30th, 2014 - 11:46 am - Link - Report abuse 0
  • Jack Bauer

    Isolate VZ and see how far MADuro's insanity will go. Enough of being Mr. Nice Guy with that shitty little tyrant.

    Apr 30th, 2014 - 10:25 pm - Link - Report abuse 0
  • BOTINHO

    :“ Fofinho ” Maduro will make one call to Argentina, and then announce a new conspiracy against him, number 113, this time by the dreaded “ Vulture ” airlines.

    “ But how can they be expected to receive the full payment we agreed to ! ” bellows Fofinho over the radio. “ Why.....they are .... VULTURES ! ”

    Then a quick call to the mentors in Havana asking “ Well, how did I sound ? ”

    May 01st, 2014 - 07:11 am - Link - Report abuse 0
  • ChrisR

    You have to wonder why, if one airline pulled out altogether the others have stayed?

    Who thinks MADuro has the money anyway? Blocked funds suggests that they are available but has anyone SEEN the money as they say?

    MADuro must have been Chubbies little joke on the country.

    May 01st, 2014 - 04:40 pm - Link - Report abuse 0
  • Jack Bauer

    Looking at MADuro, it is truly a shame that this idiot who wields such enormous power in his country, through the lack of an effective opposition (because it's either controlled or imprisoned), does not use it to do some good...why isn't he content with stealing just a bit , say 1% of the oil revenues - enough to keep him and his family in clover for generations - and use the rest to do some good for his country ? I believe the whole problem comes down to the simple fact that he is too uneducated, stupid and greedy to realize that he could have the best of both worlds....seems to be a Latin American trait which surfaces when idiots gain power.

    May 01st, 2014 - 05:40 pm - Link - Report abuse 0

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