LAM banned from the International Air Transport Association Clearing House

The Mozambican air carrier, Linhas Aéreas de Moçambique (LAM), has been suspended from the International Air Transport Association (IATA) Clearing House since last year due to debt, which has harmed the company in the context of restructuring from technical bankruptcy.

Quoted by the newspaper A Carta de Moçambique, LAM is a member of the International Air Transport Association (IATA), which has 350 members from 120 countries under the designation TM and code 068. However, it has not been part of the IATA clearing house for about 10 months, I was quoting.

With the withdrawal of LAM, which adds huge losses to other companies that cannot sell tickets in its favor and in the same way the national company cannot sell tickets for other companies.

At a time when the company is experiencing several losses, including the acquisition of aircraft to continue its activities.