Qatar Airways adapts to blockade, may avoid making a loss | Reuters

Qatar Airways adapts to blockade, may avoid making a loss | Reuters:

Qatar Airways chief executive said the airline was adapting to a regional blockade that has prevented it flying some routes, and that those restrictions would not necessarily push it into the red for the current financial year. 

“There is a possibility that we will post also a loss in our current financial year, but it’s only a possibility,” Chief Executive Akbar al-Baker told reporters at the Farnborough Airshow on Monday.

The airline lost access to 18 cities in Saudi Arabia, the United Arab Emirates (UAE), Egypt, and Bahrain in mid-2017, when those four countries cut ties with Qatar after accusing it of supporting terrorism. Qatar denies the charges.