travel industry

Businessmen say thousands could be unemployed if agents can’t continue operations

Qatar Airways employees 133 per aircraft, Turkish Airlines 94, Emirates 231 and Etihad 211

Travel demand picking up gradually with the resumption of flights

Addresses public grievances

No employees will be furloughed

Decision comes on top of 6,000 redundancies already announced

Washington says bloc has not done enough but signals willingness to find solution

Airline says it has negotiated deal with stakeholders for consensual recapitalisation

On Friday, its stock fell more than 4% following the Reuters story on the rights issue

Hopes to bring jet to market as travel rebounds after downturn caused by pandemic