by Staff / Published January 13,2016 American Airlines has written off $592 million of cash that could not be repatriated from Venezuela, taking a one-time charge on its financial results for the fourth quarter of 2015. American and other airlines from around the world occupy struggled to repatriate revenues collected in Bolivars, or the Venezuelan currency,[…]The post American Writes Off $592 Million Cash Trapped in Venezuela appeared first on Airchive.
Source: airwaysnews.com