qatar airways boss bullying gulf states will hit profits
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Qatar Airways boss: 'bullying' Gulf states will hit profits

Arab Today, arab today

Arab Today, arab today Qatar Airways boss: 'bullying' Gulf states will hit profits

Qatar Airways chief executive Akbar Al-Baker
Doha - AFP

Qatar Airways' outspoken boss Akbar Al-Baker accused neighbouring Gulf states Thursday of "bullying" his country during the region's political crisis and said his company's profits would be hit by the dispute.

Baker insisted that Qatar could sustain the impact of what he called a blockade imposed on Doha, but conceded that an impact on profits was inevitable for the Gulf carrier.

"It has to (affect profits) because we have additional costs to operate in and out of the country," he said. 

"And this is normal when you are blockading somebody. They will have additional costs to operate in and out of the region."

Pressed on how much of an impact there would be, Baker declined to give numbers.

Last month the airline announced profits of $540 million for the financial year to March 2017, a 22 percent increase on the previous 12-month period.

But the airline faces a hit after the June 5 decision by Saudi Arabia, the United Arab Emirates, Bahrain and Egypt to impose sanctions on Qatar, over accusations it supports Islamist extremism and was too close to Iran.

Among the sanctions was a decision to close the airspace of the countries to Qatar Airways.

This means the Doha-based carrier can no longer continue its lucrative services to Dubai and Saudi Arabia, and has to divert some flights on longer routes because of airspace restrictions.

Qatar denies the charges.

Baker said Qatar could endure the crisis for "as long as it is there". 

"All the people have a normal life, all the supplies are available, actually more than what it was before, so what is the problem? 

"We need our neighbours to know that this kind of bullying doesn't work because the people of Qatar are very robust and we have no issue to have our normal life. 

"This is a loss for them not for us."

He was speaking at a ceremony in Doha to show his company's support for Qatari Emir Sheikh Tamim bin Hamad Al-Thani.

Qatar Airways unveiled the latest in a growing number of huge billboards that have sprung up around Doha depicting a profile of the emir, with the words "Tamim the glory".

The image has become the symbol of the country's defiance during the crisis and Qataris and non-Qataris have queued up to sign the boards expressing their support for the government.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

qatar airways boss bullying gulf states will hit profits qatar airways boss bullying gulf states will hit profits

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

qatar airways boss bullying gulf states will hit profits qatar airways boss bullying gulf states will hit profits

 



GMT 08:40 2017 Sunday ,24 December

Hurting Madrid refuse to throw in the towel - Zidane

GMT 12:54 2016 Monday ,19 September

Munich's Oktoberfest opens amid tight security

GMT 10:06 2016 Friday ,19 August

Murray survives grueling day for top seeds

GMT 12:12 2017 Saturday ,05 August

Pakistani Premier meets British FM

GMT 20:00 2017 Thursday ,19 October

Egypt to tackle overpopulation

GMT 03:07 2018 Friday ,19 January

Amazonians want pope to come to their defense

GMT 09:13 2018 Tuesday ,16 January

Volkswagen reports record global car sales

GMT 13:50 2017 Saturday ,11 February

Tanzanian president appoints new anti-narcotics team

GMT 20:39 2017 Tuesday ,18 April

AL to organize ceremony to honor Bahraini PM

GMT 10:30 2017 Thursday ,26 October

Asia faces air travel infrastructure 'crisis': IATA

GMT 11:37 2017 Tuesday ,12 December

A Better Mammogram? Huge Study Putting

GMT 11:19 2017 Sunday ,10 December

Ronaldo stars as rejuvenated

GMT 05:00 2017 Tuesday ,18 April

Ant hikes MoneyGram bid by more than a third

GMT 04:51 2017 Thursday ,16 March

Cathay Pacific posts 1st annual loss since 2008
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday