Cyprus Mail
Middle EastWorld

Qatar Airways will have to seek state support, warns cash running out

Qatar Airways will have to seek government support eventually, Chief Executive Akbar al-Baker told Reuters on Sunday, warning the Middle East carrier could soon run out of cash needed to continue flying.

Several state have already stepped in to help airlines that have seen demand decimated almost overnight by the coronavirus outbreak, with the United States offering $58 billion in aid.

Qatar Airways is one of few airlines continuing to maintain scheduled commercial passenger services and over the next two weeks expects to operate 1,800 flights.

“We have receive many requests from governments all over the world, embassies in certain countries, requesting Qatar Airways not to stop flying,” Baker said by phone from Doha.

The state-owned carrier is operating flights to Europe, Asia and Australia, ferrying passengers home who have been left stranded by the pandemic that has seen many countries close their borders.

“We will fly as long as it is necessary and we have requests to get stranded people to their homes, provided the airspace is open and the airport are open,” Baker said.

However, he warned the airline was burning through cash and only had enough to sustain operations for a “very short period of time”.

“We will surely go to our government eventually for equity.”

Related Posts

Kyrgios assault charge dismissed despite guilty plea

Reuters News Service

US Congress warns Turkey that F-16 sale depends on NATO approval

Reuters News Service

EU-Ukraine wartime summit to deliver on some issues, disappoint on others

Reuters News Service

Chinese spy balloon flies over the US, Canada watching a potential second

Reuters News Service

‘No magic wand’ in Ukraine war, says UK’s Wallace on question of supplying jets

Reuters News Service

Canada moves to extend exclusion of mental illness from assisted death

Reuters News Service