Qatar Airways set to announce ‘substantial’ full-year loss

[cosi]

Qatar Airways set to announce ‘substantial’ full-year loss - Business Traveller – The leading magazine for frequent flyers

 

[juddles]

Inevitable. And I cannot see much future light for them.

 

[moa999]

Question is whether the loss is from core operations, or writedowns of investments.. the latter will be a big negative without doubt

 

[dajop]

Question is whether the loss is from core operations, or writedowns of investments.. the latter will be a big negative without doubt

I would have thought core operations would have been the concern this year. What are the investment write downs? You’re not thinking of Etihad are you? IIRC , QR own part of IAG, but that’s not something they would have written down.

 

[moa999]

Sorry was thinking Etihad

QRs issues are political

 

[Himeno]

how much of any loss would be due to the blockade?

 

[Quickstatus]

how much of any loss would be due to the blockade?

They can’t fly to Egypt SArabia, UAE, Bahrain.
The inability to overfly these countries also results in longer flight times - fuel and crew.
Not the whole story I assume

 

[rock86]

They can’t fly to Egypt SArabia, UAE, Bahrain.
The inability to overfly these countries also results in longer flight times - fuel and crew.
Not the whole story I assume

Agree it wouldn't be the whole story, similar to the other ME carriers aggressive nature resulting in operating losses, but the blockade would certainly add a fair bit more pain to the bottom line with the increased costs as you've pointed out.