Qatar Airways CEO on New Asia Route, Blockade, Earnings

The interview with Qatar Airways CEO Akbar Al Baker covers the airline's new route to Chiang Mai, the impact of the blockade on its operations and finances, and strategies for managing its fleet and order backlog. Al Baker discusses the Qatari economy, the airline's stake in Cathay Pacific, and the dynamics within airline alliances. He also shares his outlook for the aviation market in 2018, highlighting potential risks and opportunities.

What is the significance of Qatar Airways' new route to Chiang Mai?

• It is a temporary route to test market demand.

• It is a joint venture with another airline.

• It demonstrates the airline's resilience despite the blockade.

• It marks the airline's first entry into the Asian market.

How has the blockade affected Qatar Airways' financial performance?

• The airline has seen an increase in profits.

• The airline has issued a profit warning.

• The airline has not been affected financially.

• The airline has cut all international routes.

What strategy is Qatar Airways using to manage its fleet amidst the blockade?

• Purchasing older aircraft to save costs.

• Expanding its fleet with only new aircraft.

• Selling and leasing back older aircraft.

• Halting all new aircraft orders.

What is Qatar Airways' strategy for maintaining a young fleet?

• Selling older aircraft and leasing them back.

• Buying only new aircraft.

• Not purchasing any new aircraft.

• Extending the lifespan of current aircraft.

What is Qatar Airways' current stake in Cathay Pacific?

• 15%

• 5%

• 9.9%

• 9.6%

How does Qatar Airways view its partnership with Cathay Pacific?

• As a temporary alliance.

• As a strategic relationship with growth potential.

• As a financial burden.

• As a way to exit the Asian market.

What is Qatar Airways' approach to joint purchases of fuel and services?

• They have no interest in joint purchases.

• They will do it with any airline.

• They will only do it with European airlines.

• They will only do it with One World Alliance members.

What is the general outlook for the aviation market in 2018 according to Qatar Airways?

• The market is expected to decline.

• The market will remain stagnant.

• The market is expected to grow robustly.

• The market will face severe challenges.

What is considered a major risk for the aviation industry?

• Economic downturns.

• Increased passenger numbers.

• Technological advancements.

• Stable oil prices.

What is the expected range for oil prices in 2018 that Qatar Airways is comfortable with?

• $40 to $50

• $60 to $70

• $50 to $60

• $70 to $80