Headed for very large loss in current fiscal year, confirms Qatar Airways CEO

Thursday, 8 March 2018

Qatar Airways will report a “very large loss” because of a regional boycott that has slapped restrictions on the airline, its chief executive said on Wednesday. The major Gulf airline lost access to 18 cities in Saudi Arabia, the UAE, Egypt, and Bahrain last June when the four countries cut ties with Qatar after accusing it of supporting terrorism. The restrictions, which include a ban on using airspace over the four countries, is “putting financial strain” on Qatar ...

Is Arab boycott causing turbulence for beleaguered Qatar Airways?

Sunday, 25 February 2018

While maintaining its aggressive expansion policy, Qatar Airways is running into heavy turbulence. This is becoming more and more obvious with its CEO Akbar Al-Baker’s recent statement in Canberra that the airline will post a loss this year. He directly attributed the impending loss to the land, sea and air boycott by the quartet of Gulf and Arab states since last June, when the diplomatic crisis erupted, with Doha accused of directly supporting terror groups in the region and the wider ...

Qatar airways boss predicts losses, blames Arab boycott

Tuesday, 13 February 2018

Qatar Airways' chief executive admitted on Tuesday that the carrier will post a loss this year due to the fact that the four boycotting Arab countries have severed land, air and sea links with Qatar. Akbar al-Baker said that the ban on Qatar's flagship airline flying to neighboring Saudi Arabia, United Arab Emirates, Bahrain and Egypt since last summer has forced it to fly longer routes through Turkey and Iran, and has hit the company's bottom line. "We have increased maintenance costs ...

US requiring enhanced cargo screening from Middle Eastern airports

Monday, 22 January 2018

The US Transportation Security Administration said Monday it is requiring six Middle Eastern carriers to participate in an enhanced cargo screening program as part of an effort to raise global aviation security. The emergency amendment covers Egypt Air operating out of Cairo International Airport, Royal Jordanian operating out of Queen Alia International Airport, Saudia operating out of King Abdul-Aziz International Airport and King Khalid International Airport, Qatar Airways ...

Qatar, Iran officials discuss tourism cooperation in Kish island

Monday, 8 January 2018

Delegations representing Iran and Qatar met in the Iranian island of Kish to discuss ways to boost tourism cooperation between the two countries. The meetings were attended by a number of Iranian tourism officials and a Qatari delegation. They discussed ways to enhance cooperation between Qatar Airways and Iranian airlines. The Qatari delegation toured Kish airport to check its infrastructure and faclities in order to weigh the possibility of landing Qatar Airways flights there. The president of ...

PICTURES: Qatar Airways plane bursts into flames during maintenance

Sunday, 10 December 2017

A fire broke out in the cabin of a Qatar Airways plane this week when it was parked for maintenance, pictures reported by the Aviation Herald have shown. The Airbus A321-200 was being serviced for an the inflight entertainment system and satcom antenna when a “fire broke out in the cabin burning through the roof of the aircraft before the fire could be extinguished,” the report said. “There were no injuries, the aircraft sustained substantial damage and possibly needs to be ...

Qatar Airways chief to chair IATA board starting June 2018

Sunday, 27 August 2017

Qatar Airways Group Chief Executive Akbar al-Baker has been elected chairman of the board of governors of the International Air Transport Association (IATA), the airline said on Sunday. Baker will start his one-year term in June 2018, taking over from current chairman, Singapore Airlines’ Goh Choon Phong. 

Saudi Civil Aviation continuing to prevent Qatari planes from using airspace

Wednesday, 9 August 2017

Saudi Arabia’s civil aviation authority said on Wednesday it is continuing its boycott of Qatar by preventing Qatari carriers from using the kingdom’s airports and airspace. Saudi Arabia, the UAE, Bahrain and Egypt cut diplomatic and transport ties with Qatar in June, accusing it of fomenting regional unrest, supporting terrorism and getting too close to Iran, all of which Doha denies. In all, 18 destinations in the region are now out of bounds for Qatar Airways, which has also been ...

Qatar Airways reverses decision to buy into American Airlines

Thursday, 3 August 2017

Qatar Airways will not proceed with its proposed financial investment in American Airlines Group Inc, reversing an earlier decision to build a stake of up to 4.75 percent in the US carrier. “Further review of the proposed financial investment, taking into account the latest public disclosure of American Airlines, has demonstrated that the investment no longer meets our objectives,” Qatar Airways said in a statement. The statement did not elaborate, but in its most recent financial ...

Qatar airways CEO: 'Bullying' Qatar will affect profits

Thursday, 13 July 2017

Qatar Airways' CEO Akbar al-Baker accused neighboring Gulf States Thursday of "bullying" his country during the region's political crisis and said his company's profits would be hit by the dispute. Baker insisted that Qatar could sustain the impact of what he called a blockade imposed on Doha, but conceded that an impact on profits was inevitable for the Gulf carrier. "It has to (affect profits) because we have additional costs to operate in and out of the country," he said. ...

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