Qatar Airways Says Losses Reach $4.1 Billion Amid Pandemic

In this Sept. 9, 2021, photo, a Qatar Airways aircraft takes off with foreigners from the airport in Kabul, Afghanistan. U.S. veterans, lawmakers and others say the relaunch of evacuation flights from Kabul has done little to soothe fears that the U.S. might abandon countless Afghan allies who risked their lives working alongside American troops. (AP Photo/Bernat Armangue)

(AP) — Qatar Airways says it suffered a more than $4 billion loss in revenues over the last year, as lockdowns triggered by the coronavirus pandemic slashed demand for air travel. The major loss reported Monday, which it said mostly stemmed from the grounding of its fleet of A380 and A330 jets, highlights the dramatic impact of the pandemic on the aviation industry, despite the state-owned airline’s higher earnings before taxes and other costs compared to the previous year.

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