Reply To: Qatar isolated by neighbouring countries – what does this mean for QR?

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Tom Otley
Keymaster

Piece on Bloomberg…

Qatar Airways to Be Biggest Victim in Gulf Diplomatic Breakdown

“Some 76 daily flights are likely to be grounded, of which 52 are operated by Qatar Airways, after Saudi Arabia, Bahrain, Egypt and the United Arab Emirates suspended ties with Qatar, according to data from scheduling firm OAG. Some 30 percent of the carrier’s revenue could be affected, aviation analysts at Frost & Sullivan estimate…. Among Qatar Airways operations set to be shut is a shuttle to Dubai that operates 14 times a day.”

Quotes an analyst as saying that the airline “…could see a 30 percent revenue hit includes the loss of direct traffic, the operational cost of diverting flights, the idling of planes, a disproportionate decline in premium bookings given the relative wealth of the countries imposing the ban, and a possible slump in leisure demand.”

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