View Single Post
Old Mar 7, 18, 12:25 pm
  #6  
strichener
 
Join Date: Nov 2014
Posts: 935
Originally Posted by MattEvan View Post
Reuters: Qatar Airways to report very large loss for current fiscal year: CEO (https://www.reuters.com/article/us-q...-idUSKCN1GJ1VJ)

HE AAB: “We will announce a very large loss during the current financial year which ends this month [March 31],” he said, without giving further details.

HE AAB: QR may need to appeal to state for cashflow.

No substance here, indeed.
Yes but that isn't the article that the OP linked to. However, even your own article actually states:

When asked if it was running short of cash, Baker said in an interview with Reuters TV that Qatar Airways may need to call on its state owners for extra funds should the blockade continue. “Not for the foreseeable future, but if it continues long term our shareholders will have to put additional equity into the company,” he said.
strichener is offline