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  • Qatar Airways reports $1.92 billion loss amid coronavirus crisis

Qatar Airways reports $1.92 billion loss amid coronavirus crisis

Qatar Airways disclosed it had received a $2 billion advance from its owner, the Doha government, after March that has since been converted into new shares. (AFP file photo)
Qatar Airways disclosed it had received a $2 billion advance from its owner, the Doha government, after March that has since been converted into new shares. (AFP file photo)
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27 Sep 2020 07:09:31 GMT9
27 Sep 2020 07:09:31 GMT9
  • Airline also disclosed it had received a $2 billion advance from its owner, the Qatari government

DUBAI: Qatar Airways reported a loss of $1.92 billion on Sunday for the year ending March 31, as the coronavirus crisis hurt the aviation industry around the world.

The airline also disclosed it had received a $2 billion advance from its owner, the government of Qatar, after March that has since been converted into new shares.

Reuters

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