Eritrea tops blocked airline funds blacklist

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An Eritrean woman blesses passengers with popcorn after they arrived at Asmara International Airport aboard an Ethiopian Airlines flight. Now, the carrier has stopped flights to Eritrea. PHOTO | REUTERS

Eritrea and Pakistan hold the distinction of being the world’s outstanding defaulters of airline revenues, as the global airline industry grapples with minimal progress in reduction of blocked airline funds.

At $311 million, Pakistan stands out for holding the largest bill of blocked funds. But Eritrea, with an outstanding bill of $75 million, holds the record for the most aged debt – of eight years or 96 months.