Tue, 21-Oct-2025

Qatar Airways reports massive lose for 2020

Massive loss for 2020 has announced by Qatar Airways

Qatar Airways has announced a net loss of QAR14.9 billion (US$4.1 billion) for the fiscal year 2020, detailing the entire extent of the Covid-19 epidemic. The carrier claimed the loss was attributable to a one-time impairment charge of QAR8.4 billion (US$2.3 billion) connected to the grounding of its Airbus A380 and A330 fleets in the … Read more