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Air carrier group to Venezuela: Time to pay up on ticket revenue
Air carrier group to Venezuela: Time to pay up on ticket revenue

The group of international air carriers on Tuesday said Venezuela's government had reneged on a promise to pay billions of dollars in ticket fees, an accusation that followed a second airline's announcement that it would stop all flights in and out of the country. Venezuela owes $4 billion in ticket fees to 24 air carriers, Jason Sinclair, a spokesman for the International Air Transport Assn., said in a telephone interview Tuesday. He said the government has not acted on its promise in March to start paying the debt, which Sinclair said includes sales revenue owed as far back as 2009. “We have been asking the Venezuelan government for a number of months to come up with...

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