ALTA and ALA Bolivia express concern over USD payment requirement for airlines in Bolivia
Source: ALTA The associations express their deep concern regarding the recent requirement by the fuel supplier to receive payments exclusively in U.S. dollars (USD) for fuel supply The Latin American and Caribbean Air Transport Association (ALTA) and the Bolivian Airlines Association (ALA Bolivia), on behalf of the airlines operating in Bolivia, express their deep concern regarding the recent requirement by the fuel supplier to receive payments exclusively in U.S. dollars (USD) for fuel supply. This measure, in a context of limited USD availability in the Bolivian banking system, poses a significant challenge to the continuity of air operations in the country. Acceptance of payments in Bolivianos (BOB) is crucial for the sustainability of the air sector in Bolivia For over [...]