Qatar Airways reports $4 billion in losses
Qatar Airways' finances were also affected by the COVID-19 pandemic during the previous fiscal year, though the airline has now largely rebuilt its flight network.
Qatar Airways announced major losses this week as the fallout from the COVID-19 pandemic continues to hurt Gulf airlines.
Qatar Airways Group reported a net loss of $4.1 billion during its 2020-2021 fiscal year. More than half of the loss was related to a value drop in the airline’s planes that were grounded, the airline said in a press release Monday.
Subscribe for unlimited access
All news, events, memos, reports, and analysis, and access all 10 of our newsletters. Learn more
$14 monthly or $100
annually ($8.33/month)
OR
Continue reading this article for free
Access 1 free article per month when you sign up. Learn more.
By signing up, you agree to Al-Monitor’s Terms and Conditions and Privacy Policy. Already have an account? Log in
