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Qatar Airways says losses reach $1.9B amid pandemic, boycott

September 27, 2020
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DUBAI, United Arab Emirates (AP) — Long-haul carrier Qatar Airways on Sunday reported revenue losses of $1.9 billion for the past year, blaming the coronavirus pandemic, its liquidation of shares in Air Italy and the ongoing boycott of Doha by four Arab nations for the drop.



FILE - In this Nov. 7, 2019 file photo, a Qatar Airways jet approaches Philadelphia International Airport in Philadelphia. Long-haul carrier Qatar Airways on Sunday, Sept. 27, 2020, reported revenue losses of $1.9 billion for the past year, blaming the coronavirus pandemic, its liquidation of shares in Air Italy and the ongoing boycott of Doha by four Arab nations for the drop. (AP Photo/Matt Rourke, File)


© Provided by Associated Press
FILE – In this Nov. 7, 2019 file photo, a Qatar Airways jet approaches Philadelphia International Airport in Philadelphia. Long-haul carrier Qatar Airways on Sunday, Sept. 27, 2020, reported revenue losses of $1.9 billion for the past year, blaming the coronavirus pandemic, its liquidation of shares in Air Italy and the ongoing boycott of Doha by four Arab nations for the drop. (AP Photo/Matt Rourke, File)

The energy-rich nation of Qatar itself needed to bail out the state-owned airline at the end of its financial year on March 31 with $2 billion to keep the airline operating, its annual

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