Tuesday 2 June 2020

Middle East News: #Qatar Airways Seeks Flexibility on Deliveries - Bloomberg

Middle East News: Qatar Airways Seeks Flexibility on Deliveries - Bloomberg:

The head of Qatar Airways called on the world’s two major planemakers to ease demands that ailing carriers accept delivery of new aircraft, saying their future relationship was at stake.

Airbus SE and Boeing Co. should accept delivery deferrals until at least 2022, Qatar Airways Chief Executive Officer Akbar Al Baker said in an interview Tuesday with Bloomberg TV.

“What is important is for Boeing and Airbus to show their customers that they are not only there with them in good times, but also in bad times,” Al Baker said. “If they don’t oblige, they will permanently lose us as a customer.”

Al Baker’s comments highlight the intense financial pressure on airlines, especially Gulf-based carriers like Qatar Airways whose business shuttling travelers across the globe has been shriveled by the coronavirus. The CEO said he didn’t know when passengers would begin flying again in significant numbers. He said it would take several years for traffic to return to normal.

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