Monday, 8 October 2018

Qatar Airways considers fuel surcharge to help return to profit | Reuters

Qatar Airways considers fuel surcharge to help return to profit | Reuters:

Qatar Airways may consider a fuel surcharge on tickets to help it return to profit amid a regional dispute and rising oil prices, Chief Executive Akbar al-Baker told Reuters on Monday.

Qatar Airways reported last month a 252 million riyal ($69 million) loss for the financial year ended March 31, citing a political dispute that has seen it banned from four Arab countries, and has suggested it could make a loss again.

Saudi Arabia, the United Arab Emirates (UAE), Egypt, and Bahrain have all banned Qatar Airways since June 2017 as part of a dispute they have with the government of Qatar.

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