Qatar Airways to report very large loss for current fiscal year- CEO | ZAWYA MENA Edition

Qatar Airways to report very large loss for current fiscal year- CEO | ZAWYA MENA Edition:

"Qatar Airways will report a "very large loss" because of a regional political dispute that has slapped restrictions on the airline, its chief executive said on Wednesday. The major Gulf airline lost access to 18 cities in Saudi Arabia, the United Arab Emirates (UAE), Egypt, and Bahrain last June when those four countries cut ties with Qatar after accusing it of supporting terrorism. Qatar denies the charges. The restrictions, which include a ban on using airspace over the four countries, is "putting financial strain" on Qatar Airways, Chief Executive Akbar al-Baker told reporters at the ITB travel fair in Berlin."



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