Qatar Airways reports $69 million annual loss in wake of Gulf blockade - Indian Transport & Logistics News

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Tuesday 18 September 2018

Qatar Airways reports $69 million annual loss in wake of Gulf blockade

Qatar Airways reports $69 million annual loss in wake of Gulf blockade: September 18, 2018: Qatar Airways has published its annual report for 2017/18. Terming the year as the most challenging in its 20 year history due to the Saudi led embargo against the Gulf nation, the state owned airline said it made a loss of 252 million riyals ($69 million)

Qatar Airways reports $69 million annual loss in wake of Gulf blockade

Qatar Airways has published its annual report for 2017/18. Terming the year as the most challenging in its 20 year history due to the Saudi-led embargo against the Gulf nation, the state-owned airline said it made a loss of 252 million riyals ($69 million) compared with a profit of 2.79 billion riyals a year earlier.

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