Tuesday, May 27, 2014

Venezuela Resolves Currency Dispute with Latin American Carriers

In an apparent effort to reassure foreign airlines, Venezuela will allow six Latin American carriers to repatriate revenues from local ticket sales from the past two years. As noted in a blog post earlier this year, foreign airlines had been cutting service to Venezuela because the government had frozen their access to funds from ticket sales in the country.

 

http://lawprofessors.typepad.com/aviation/2014/05/venezuela-resolves-currency-dispute-with-latin-american-carriers.html

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