Qatar Airways files $69mn loss amid Gulf crisis | 2018-09-20 | daily-sun.com

Qatar Airways files $69mn loss amid Gulf crisis

    19th September, 2018 09:49:06 printer

DOHA: Qatar Airways on Tuesday posted a net loss of over $69 million in the year to March 2018, blaming the “illegal blockade” against Doha by a Saudi-led bloc of countries.

The tiny Gulf emirate’s national airline said the period had been “the most challenging year in its 20-year history”, reports AFP.

Saudi Arabia and its allies broke off diplomatic relations with gas-rich Qatar on June 5, 2017.

They closed all land, sea and air links with the emirate over its alleged proximity to Saudi Arabia’s arch-enemy Iran and support for radical Islamist groups.

Qatar has refuted the accusations, saying its Gulf Arab rivals are trying to seize control of Doha’s foreign policy.


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