Qatar Airways profits hit $540 million before Gulf crisis

Aaron Brown
June 12, 2017

In an attempt to reassure customers, the state-run company said it had "mobilised all available resources" to mitigate any actions that could disrupt supplies.

"Qatar conducting business as usual throughout all its upstream, midstream and downstream businesses and operations, and in all activities across all of QP's world-class facilities", a statement read.

Iran, long at odds with Saudi Arabia and a behind-the-scenes target of the move, has called for the sides to overcome their differences.

Hotlines have been set up to review cases, according to statements carried by the Saudi, Emirati and Bahraini news agencies. It has been recruiting workers from Bangladesh without any interruption in the last several years for its construction projects for the World Cup.

Qatar said late Saturday it would not retaliate with such measures of its own.

Russian Foreign Minister Sergei Lavrov (R) welcomes Foreign Minister of Qatar Mohammed bin Abdulrahman bin Jassim Al-Thani during their meeting in Moscow on June 10, 2017.

Iranian media meanwhile reported Sunday that three traditional dhow boats carrying some 350 tons of fruit are to leave for Qatar from the small Iranian port of Dayyer.

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Additionally, Qatar Airways is now using longer routes to its European and North American destinations, including direct flights to the world's busiest worldwide airport in Atlanta, after Saudi Arabia, the UAE and Egypt barred Qatari flights from their airspace.

Iran, with which Qatar shares a massive offshore gas field, will send its sixth planeload of vegetables to Qatar on Sunday, Iran Air spokesman Shahrokh Noushabadi told The Associated Press.

Until the political dispute, which has cut air links and banned Qataris from visiting the three countries, Gulf societies enjoyed close travel ties and many families are intermarried.

Rights group to seek compensation from Saudi Arabia and allies for "collective punishment and global crimes".

Foreign Minister Sheikh Sabah al-Khalid al-Sabah was quoted as saying: "Kuwait will not abandon its efforts and will continue its goodwill efforts to patch the rift and find a solution that will deal with the root cause of the causes of the the brotherly relations".

The SPA News Agency reported that Saudi Arabia's King Salman bin Abdulaziz Al Saud had ordered that affected families, which are citizens of Qatar and Saudi Arabia, will be given humanitarian aid.

While President Donald Trump said Friday that he backed the movement to isolate Qatar over its funding of extremist groups, Tillerson has called on the Saudi-led coalition to ease the blockade.

Other reports by Free-Prsite

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