Monday 27 September 2021

#Qatar Airways annual losses double to $4.9 bln | Reuters

Qatar Airways annual losses double to $4.9 bln | Reuters

A Qatar Airways plane takes off at Hamad International Airport, as the country resumes international flights
to Saudi Arabia, in Doha, Qatar January 11, 2021. REUTERS/Ibraheem Al Omari

Qatar Airways annual losses doubled to 14.9 billion riyal ($4.9 billion) in the financial year to March 31 as the long-haul travel market was hit hard by the coronavirus pandemic.

The state-owned airline also confirmed in its annual results released on Monday that it had received an additional $1 billion from the Qatar government during the financial year, on top of $2 billion it had already received.

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