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FinancialNews


  • 08-03-18

    Qatar Airways to expect 'very large loss' over restrictions

    (MENAFN) Qatar Airways was revealed to be recording a "very large loss" as a result of restrictions that came from regional political conflicts.

    The airline has been boycotted by eighteen cities in the UAE, Bahrain and Egypt due to supporting terrorism allegations.

    Qatar Airways' Chief Executive Akbar al-Baker reportedly stressed how the restrictions are "putting financial strain" on the airline.

    He declared "we will announce a very large loss during the current financial year which ends this month."

    MENAFN0803201800450000ID1096558921

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