Qatar Airways could face 2nd straight annual loss amid Gulf crisis: CEO | Reuters

Qatar Airways could face 2nd straight annual loss amid Gulf crisis: CEO | Reuters:

"Qatar Airways could face a second straight year of losses in 2018 amid a regional dispute that has banned the airline from four Arab countries, the airline’s CEO said on Tuesday. 

Qatar Airways has been blocked from flying to 18 cities in Saudi Arabia, the United Arab Emirates, Bahrain and Egypt since June 2017 when those countries cut ties with Qatar, accusing it of supporting terrorism. Doha denies the charges.

 The carrier made a “substantial loss” in 2017, CEO Akbar al-Baker said in April, without disclosing the figure.

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