Search Results for: Qatar airways

The Hajj war between Qatar and Saudi Arabia

The Hajj war between Qatar and Saudi Arabia

The ongoing diplomatic crisis between Saudi Arabia and Qatar has dimmed hopes for Qatari pilgrims wishing to participate in Hajj — the annual five-day Islamic pilgrimage to Mecca and nearby holy sites. Sep 1, 2017
Air Berlin Files for Insolvency

Air Berlin Files for Insolvency

Air Berlin plans to continue flying despite filing for insolvency following the withdrawal of financial support from leading shareholder Etihad Airways. Air Berlin, which has 8,600 employees, surpassed 2.7 billion euros ($3.2 billion) of losses in approximately six years with shares falling over 50 percent prior to the insolvency. The move to withdraw funding followed a deterioration of Air Berlins operations at an unprecedented pace said Etihad, which purchased a 29 percent stake in Air Berlin in 2012. Passengers who have already purchased tickets should note that a government loan will allow the airline to operate until mid-November. Aug 16, 2017
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