BANS imposed on Qatar Airways’ flights to 18 cities in the UAE, Saudi Arabia, Bahrain and Egypt resulted in a “substantial” impact on the Doha-based carrier’s financial results, ceo Akbar Al Baker has confirmed this week.
“We have increased our operating costs. We had to also take a hit on revenues so we don’t think that our results for the last FY will be very good,” he said at the Eurasia Airshow.
“I don’t want to say the size of the loss but it was substantial,” Al Baker said at the show in Turkey.
Source: traveldaily