Qatar Air Gets $2 Billion State Aid to Weather Virus Crisis
An Airbus SAS A380 aircraft, operated by Qatar Airways Ltd.
Photographer: Jason Alden/BLoomberg
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Qatar Airways received 7.3 billion riyals ($2 billion) state aid as the coronavirus pandemic brought global air travel to a near halt.
The carrier will issue 730 million shares to the government after its losses exceeded 50% of the share capital, according to Qatar Airways’ annual report.