Middle East

Qatar Airways annual losses double to $4.1 bln

DUBAI, Sept 27 (Reuters) – Qatar Airways annual losses doubled to 14.9 billion riyal ($4.1 billion) in the financial year to March 31 as the long-haul travel market was hit hard by the coronavirus pandemic.

The state-owned airline also confirmed in its annual results released on Monday that it had received an additional $1 billion from the Qatar government during the financial year, on top of $2 billion it had already received.

($1 = 3.6607 Qatar riyals)

Reporting by Alexander Cornwell; editing by David Evans

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