Qatar Airways is in talks with banks for loans worth billions of dollars, three sources familiar with the matter said, as the state-owned airline readies to begin rebuilding its network that has been crushed by the coronavirus pandemic.
The talks with banks are happening on a bilateral basis, the sources said, with one of them adding the company could explore offering a guarantee from the ministry of finance for the fundraising.
That follows a March warning it was burning through cash as it remained one of few global airlines continuing to operate regular, scheduled - though limited - services.
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