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Qatar fights Saudi-led 'blockade' via its flag carrier's tactical cargo use
QATAR Airways will "expedite" the launch of new routes in response to the ongoing blockade by its Arab neighbours, says the flag carrier's CEO, Akbar al Baker, reports Bloomberg News.
The airline raised its stake by announcing that it was buying shares in American Airlines, with an initial investment of up to 4.75 per cent, and potentially moving that figure up to 10 per cent, assuming board and regulatory approval.
On the cargo side, Qatar Airways and other carriers that service the country are seeing as yet un-quantified surge in volumes, in response to disruptions in overland freight from Saudi Arabia, reports New York's Air Cargo World.
According to the West Mediterranean Exporters Association, Turkish imports into Qatar between May 1 and June 15 were up 724 per cent, year-over-year. With maritime freight between Turkey and Qatar taking about 10 days, ocean trade between the two countries is surging too.
If Saudi Arabia's King Salman hoped to sever ties between Iran and Qatar with his diplomatic onslaught, that seems to be backfiring, as well. Iran Air said that they were ramping up air freight deliveries of perishables to Qatar.
Jordan's exporters are also relying on air freight to circumvent the blockade. Saadi Abu Hammad, president of the Jordan Exporters and Producers Association for Fruit and Vegetables, told local media that 90 tonnes of fruits and vegetables were being exported to Qatar daily via air.
The airline raised its stake by announcing that it was buying shares in American Airlines, with an initial investment of up to 4.75 per cent, and potentially moving that figure up to 10 per cent, assuming board and regulatory approval.
On the cargo side, Qatar Airways and other carriers that service the country are seeing as yet un-quantified surge in volumes, in response to disruptions in overland freight from Saudi Arabia, reports New York's Air Cargo World.
According to the West Mediterranean Exporters Association, Turkish imports into Qatar between May 1 and June 15 were up 724 per cent, year-over-year. With maritime freight between Turkey and Qatar taking about 10 days, ocean trade between the two countries is surging too.
If Saudi Arabia's King Salman hoped to sever ties between Iran and Qatar with his diplomatic onslaught, that seems to be backfiring, as well. Iran Air said that they were ramping up air freight deliveries of perishables to Qatar.
Jordan's exporters are also relying on air freight to circumvent the blockade. Saadi Abu Hammad, president of the Jordan Exporters and Producers Association for Fruit and Vegetables, told local media that 90 tonnes of fruits and vegetables were being exported to Qatar daily via air.
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