Air Freight News

Qatar Air needs ‘miracle’ for all flights to resume before 2023

Qatar Airways said it won’t be able to operate a full network of flights until 2023 “unless a miracle” happens within the next year, as the aviation market begins a long, slow recovery from the Covid-19 crisis.

The travel industry needs “around two to three years to get back to 2019 levels,” Qatar Airways Chief Executive Officer Akbar Al Baker said in a phone interview on Monday. The Doha-based company has reduced headcount to help reduce operating costs while planes remain grounded, he said.

Airlines around the globe were forced to halt almost all commercial passenger flights after governments slammed shut their borders to contain the COVID-19 outbreak. Airlines stand to lose $314 billion in ticket sales this year, the International Air Transport Association estimates, and it remains unclear when carriers will be able to resume even a partial service.

Qatar has been able to keep operating 75% of its fleet even as other carriers have idled 90% or more, Al Baker said. That’s been partly to accommodate cargo transport and the repatriation of foreign nationals to their home countries.


Bloomberg
Bloomberg

© Bloomberg
The author’s opinion are not necessarily the opinions of the American Journal of Transportation (AJOT).

Similar Stories

https://www.ajot.com/images/uploads/article/Boeing_Riyadh-Air.jpg
Boeing delivers Riyadh Air’s first two 787 Dreamliner jets
View Article
https://www.ajot.com/images/uploads/article/Global-air-cargo-spot-rates-May
Global air cargo spot rates jumped +41% in May, but some relief may be on the way for shippers
View Article
https://www.ajot.com/images/uploads/article/Ontario_International_Airport_officials_plan_to_welcome_2.2_million_passengers_over_summer_.jpg
Fitch Ratings revises global airports outlook to ‘deteriorating’ on Iran war disruption
View Article
https://www.ajot.com/images/uploads/article/SolitAir_Open_Sky.jpg_.jpeg
Solitair connects Global North with Global South cargo network appointing OpenSky World
View Article
https://www.ajot.com/images/uploads/article/CargoAI_MCP_Connector_%28Press_Release_Design%29.png
CargoAi connects CargoMART Air Cargo Intelligence to ChatGPT, Claude, Copilot and any AI platform
View Article
https://www.ajot.com/images/uploads/article/dnata_x_Silk_Way_%28c%29_dnata.jpg
Silk Way West Airlines expands its cooperation with dnata in Singapore
View Article