‘The worst is not behind any airline’: Qatar Airways CEO warns more collapses coming for industry

SourceCNBC
SectorTransport
CountryQatar

A Qatar Airways Boeing 777 In New York.Leslie Josephs | CNBCDUBAI, United Arab Emirates — The outlook for the airline industry continues to be bleak, and one CEO has issued a particularly devastating warning on its future as fears mount over a potential second wave of coronavirus infections this fall and winter.  "The worst is not behind any airline, not only Qatar Airways," Qatar Airways CEO Akbar Al Baker told CNBC's Dan Murphy via video call on Thursday. "There will soon be other bailouts in Europe, there will be other collapses around the world. Because of the second wave, I think it is ... even more severe than in the first wave."A staggering 43 commercial airlines have already folded so far this year as air travel reels from the hardest hit in ...read more...