|29 March, 2020

Qatar Airways will have to seek state support, warns cash running out

Will continue to operate flights as long as necessary

An Airbus A350-1000 aircraft of Qatar Airways is pictured after a delivery ceremony at the French headquarters of aircraft company Airbus in Colomiers near Toulouse, France, February 20, 2018.

An Airbus A350-1000 aircraft of Qatar Airways is pictured after a delivery ceremony at the French headquarters of aircraft company Airbus in Colomiers near Toulouse, France, February 20, 2018.

REUTERS/Regis Duvignau

DUBAI - Qatar Airways will have to seek government support eventually, Chief Executive Akbar al-Baker told Reuters on Sunday, warning the Middle East carrier could soon run out of cash needed to continue flying.

Several state have already stepped in to help airlines that have seen demand decimated almost overnight by the coronavirus outbreak, with the United States offering $58 billion in aid.

Qatar Airways is one of few airlines continuing to maintain scheduled commercial passenger services and over the next two weeks expects to operate 1,800 flights.

"We have receive many requests from governments all over the world, embassies in certain countries, requesting Qatar Airways not to stop flying," Baker said by phone from Doha.

The state-owned carrier is operating flights to Europe, Asia and Australia, ferrying passengers home who have been left stranded by the pandemic that has seen many countries close their borders.

"We will fly as long as it is necessary and we have requests to get stranded people to their homes, provided the airspace is open and the airport are open," Baker said.

However, he warned the airline was burning through cash and only had enough to sustain operations for a "very short period of time".

"We will surely go to our government eventually for equity."

(Reporting by Alexander Cornwell, editing by Louise Heavens) ((Alexander.Cornwell@thomsonreuters.com;))

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