Al Baker: Qatar Airways unlikely to cut fares amid lower profits

As pressure mounts on Qatar Airways to open up its books and counter claims that it receives unfair government assistance, the carrier’s chief executive has cautioned that the airline’s financial performance last year fell below expectations.

The national carrier’s thin margins mean passengers shouldn’t expect to see a reduction in base fares even though oil prices are falling, CEO Akbar Al Baker said at a press conference this week, according to Arabian Business.

Akbar Al Baker during a press conference last year.
The statement takes a step back from a pledge Al Baker made in January to scrap the airline’s fuel surcharge. Currently, Qatar Airways website shows that the additional fee is still being levied on tickets.
 
 
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Source News: Doha News
Photo: Chantelle D’mello