Originally Posted by
wilsnunn
Qatar may have used oil to build up their wealth a number of years ago however these days they rely a lot more heavily on natural gas as their oil reserves are quite low whereas their gas reserves are some of the largest in the world. I understand that gas prices have remained relatively stable over the past few years. Furthermore they have spent a lot of effort diversifying their income recently, I will be interested to see what they do.
Without wishing to go off topic, Qatar was nothing until the North Field Gas development came onstream in the early 90s. Qatar is founded in gas, their oil is all but non-existent.
Qatar is unrecognizable from when I worked there on the North Field Development from 90-93.
Anyhow back on topic, I'm really not sure how any of the airlines can survive, moving forward. Things are not going to return quickly, people are not going to start travelling unless we have a global alignment on entry requirements. If social distancing is maintained in aircraft loads are going to be way down so prices must rise. Maybe BA will have to be nationalized of sorts.