Qatar Airways reports $1.92 billion loss amid coronavirus crisis
13:24, 27/09/2020, SundayU: Update: 13:25, 27/09/2020, Sunday
REUTERS
FILE PHOTO: Qatar Airways Chief Executive Akbar Al Baker and International Airlines Group (IAG) counterpart Willie Walsh attend a Qatar aviation conference, in Doha, Qatar, February 5, 2020. REUTERS/Ibraheem al Omari/File Photo
QATAR AIRWAYS-RESULTS/ (URGENT):Qatar Airways reports $1.92 billion loss amid coronavirus crisis
Qatar Airways reported a loss of 7 billion riyals ($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 7.3 billion riyal advance from its owner, the government of Qatar, after March that has since been converted into new shares. ($1 = 3.6411 Qatar riyals)
