Qatar Airways Says Losses Reach $4.1 Billion Amid Pandemic

Qatar Airways Says Losses Reach $4.1 Billion Amid Pandemic
A Qatar Airways plane prepares to take off at San Francisco International Airport during the coronavirus pandemic in San Francisco on Dec. 22, 2020. Jeff Chiu/AP Photo
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DUBAI, United Arab Emirates—Qatar Airways announced on Monday that it suffered a more than $4 billion loss in revenues over the last fiscal year, as lockdowns triggered by the coronavirus pandemic slashed demand for long-haul travel.

The major loss, which the state-owned airline largely attributed to the grounding of its Airbus A380 and A330 wide-body jets, highlights the dramatic toll of the pandemic on the industry.