Russia Holds Half of Ethiopian Airlines' $90 Million Blocked Funds, Industry Report Shows

The carrier faces challenges in repatriating foreign currency reserves trapped abroad.

Approximately half of Ethiopian Airlines' $90 million in blocked funds worldwide is currently held in Russia, according to aviation news outlet ch-aviation. The trapped revenues stem from foreign exchange restrictions and repatriation hurdles encountered by foreign commercial airlines operating abroad.

ምንጭ፦ ch-aviation·16 ኦገስት 2026
Russia Holds Half of Ethiopian Airlines' $90 Million Blocked Funds, Industry Report Shows
ምስል፦ Russia Holds Half of Ethiopian Airlines' $90 Million Blocked Funds, Industry Report Shows
Tags:#Ethiopia#Ethiopian Airlines#Russia#Aviation#Economy
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