Qatar Airways Chief Says Airline Is Now Short Of Aircraft, As Growth Resumes Despite Trade Boycott - News Summed Up

Qatar Airways Chief Says Airline Is Now Short Of Aircraft, As Growth Resumes Despite Trade Boycott


More aircraft orders and more international investments could be on the cards as Qatar Airways tries to put its toughest year behind it. Last month, Qatar Airways revealed a $69 million loss in the 12 months to the end of March 2018. When the boycott first struck, Qatar Airways found itself forced to abandon 18 regional routes, leaving it with more aircraft than it needed. Despite its difficulties, Qatar Airways is still eyeing up more potential investments. While higher fuel costs affect all airlines, Qatar Airways is arguably more exposed than many of its rivals, given the more circuitous routes its planes sometimes have to follow.


Source: Forbes October 11, 2018 18:11 UTC



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