Home » today » Business » Liquidity shortage threatens: Qatar Airways needs money from the state

Liquidity shortage threatens: Qatar Airways needs money from the state

Qatar Airways still flies more than many other airlines. But liquidity will probably not last long.

Qatar Airways is one of the airlines that currently operate the most flights. The golf airline is planning 1,800 flights over the next two weeks. The reason: “We have received many inquiries from governments around the world and from embassies in certain countries asking Qatar Airways not to stop operating,” said Managing Director Akbar Al Baker to the Reuters news agency.

But the airline boss warns that Qatar Airways will not be able to keep it up for long. The company can only be operated for a “very short time”. Then you will definitely go to the government, said Al Baker. He does not say when exactly the liquidity will run out.

Several austerity measures

Already now everything is being done to save costs. Employees took voluntarily paid and unpaid leave, Al Baker said. He himself waived his wages until the end of the crisis. The manager will not cut wages, the manager continues.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.