[phpBB Debug] PHP Warning: in file [ROOT]/simple_html_dom.php on line 508: file_get_contents(http://www.wunderground.com/cgi-bin/findweather/hdfForecast?query=DFW) [function.file-get-contents]: failed to open stream: HTTP request failed! HTTP/1.0 403 Forbidden
DFW Tower.com

Qatar Airways posts $69.1 million net loss

The latest news from around the aviation world.

Qatar Airways posts $69.1 million net loss

Postby Greg on Tue Sep 18, 2018 8:03 pm

Qatar Airways slumped into the red in its last financial year, recording a net loss of QR251.6 million ($69.1 million) after what the airline described as “the most challenging year in its 20-year history.”

In the previous financial year, the airline recorded a net profit (restated) of QR2.8 billion.

Qatar and four of its Middle East neighbors—Saudi Arabia, the UAE, Bahrain and Egypt—have been at diplomatic loggerheads since June 2017, a dispute that has seen the Qatari flag carrier barred from the four nations’ airspace.

ATW Online
User avatar
Site Administrator
Posts: 3005
Joined: Tue Jan 01, 2008 7:18 pm
Location: DFW
Country: United States (us)

Return to Aviation News

Who is online

Users browsing this forum: No registered users and 2 guests