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Qatar Airways loses $639 million in its fiscal year

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Qatar Airways issues this financial statement for its fiscal year: Qatar Airways has published its annual report for 2018-19, highlighting the airline group’s success and underlying robust financial health in the face of the continued illegal airspace blockade against the State of Qatar. Overall revenue and other operating income grew by 14 per cent annually. Passenger revenue grew by 14.3 percent with capacity (Available Seat Kilometers) growth of 13.5 per cent. Cargo revenue witnessed growth… (worldairlinenews.com) Altro...

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Moviela
Al Baker touts "success" with all his toys, but he still manages to come up short in the pocket book? By more than half a billion dollars!

Perhaps he should reconsider flying huge nearly empty planes to distant cities, and stop blaming exchange rates, his neighbors, and high fuel costs (that is rich) for the losses.

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