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Qatar Airways Boss Concedes Impact on Profits Inevitable - ASHARQ AL-AWSAT English Archive
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Qatar Airways boss Akbar Al-Baker said Thursday his company’s profits would be hit by the Qatari crisis.

“It has to (affect profits) because we have additional costs to operate in and out of the country,” he said. 

Pressed on how much of an impact there would be, Baker declined to give numbers.

The airline faces a hit after the June 5 decision by Saudi Arabia, the United Arab Emirates, Bahrain and Egypt to cut relations with Qatar for supporting extremism and terrorism.

Their decision led to severing air and land links with Qatar.

The Doha-based carrier can no longer continue its services to the four countries, and has to divert some flights on longer routes because of airspace restrictions.

Asharq Al-Awsat English

Asharq Al-Awsat English

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

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