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Qatar Airways will post a loss in its financial year 2019, but will continue to grow its network nonetheless, CEO Akbar Al Baker said at the ITB tourism fair in Berlin.
“We will announce another loss for this year,” Al Baker said referring to the fiscal year 2019 ending March 31. He cited the higher operational cost caused by the blocked airspace around Qatar, higher fuel costs, and the stronger US dollar to the Qatari Riyal as key reasons for the deteriorated performance.
The …
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Qatar Airways will post a loss in its financial year 2019, but will continue to grow its network nonetheless, CEO Akbar Al Baker said at the ITB tourism fair in Berlin.
“We will announce another loss for this year,” Al Baker said referring to the fiscal year 2019 ending March 31. He cited the higher operational cost caused by the blocked airspace around Qatar, higher fuel costs, and the stronger US dollar to the Qatari Riyal as key reasons for the deteriorated performance.
The …
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Qatar Airways will post a loss in its financial year 2019, but will continue to grow its network nonetheless, CEO Akbar Al Baker said at the ITB tourism fair in Berlin.
“We will announce another loss for this year,” Al Baker said referring to the fiscal year 2019 ending March 31. He cited the higher operational cost caused by the blocked airspace around Qatar, higher fuel costs, and the stronger US dollar to the Qatari Riyal as key reasons for the deteriorated performance.
The …
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