Qatar Airways announces financial loss
Mar 7, 2018, 9:56 am
#1
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Qatar Airways announces financial loss
Last edited by msm2000uk; Mar 7, 2018 at 12:09 pm Reason: Create Hyperlink
Mar 7, 2018, 12:10 pm
#3
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Under FT Rules, could the OP please give a brief summary of the article without users having to click on the link.
M
M
Mar 7, 2018, 12:19 pm
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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.
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.
Last edited by MattEvan; Mar 7, 2018 at 12:22 pm Reason: Removed snarky comment.
Mar 7, 2018, 12:25 pm
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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.
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.
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.
Mar 7, 2018, 1:50 pm
#8
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I wouldn’t worry too much - QR is the pride of a VERY rich country...
Quote from article:
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.
Quote from article:
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.
Mar 7, 2018, 2:04 pm
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Mar 7, 2018, 4:43 pm
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Nonetheless the DXB/AUH flights were pretty full most of the time, and probably helped filling up the LH flights out of DOH too.
Mar 7, 2018, 4:53 pm
#13
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I didn't say that the loss would disappear but rather that the loss will be lower. QR lost a massive customer base but it's not going to cost them tons of money to rebook existing bookings. This time last year, they had thousands of passengers booked on flights that would be cancelled. Can't imagine that it was cheap rebooking passengers.
Mar 7, 2018, 6:45 pm
#14
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There you have it, QR doesn't receive subsidies, all they get is equity. I bet he could give a lengthy explanation for what the difference is for a state owned company.
Honestly, I don't really care much about the whole subsidy debate, I am just amused about the lengths that involved parties go in order to not use that term.
Honestly, I don't really care much about the whole subsidy debate, I am just amused about the lengths that involved parties go in order to not use that term.
Mar 7, 2018, 10:19 pm
#15
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There you have it, QR doesn't receive subsidies, all they get is equity. I bet he could give a lengthy explanation for what the difference is for a state owned company.
Honestly, I don't really care much about the whole subsidy debate, I am just amused about the lengths that involved parties go in order to not use that term.
Honestly, I don't really care much about the whole subsidy debate, I am just amused about the lengths that involved parties go in order to not use that term.