Qatar Airways announces resumption of its operations to Malta
In this regard, Qatar Airways Chief Commercial Officer Thierry Antinori said: "Qatar Airways remains at the forefront of supporting global connectivity with its resumption of operations in Malta. As the only airline in the Middle East with non-stop services to and from Malta, we deliver convenient travel experiences to our passengers who seek to enjoy the vibrant nature of Malta and its landscape. We welcome global travelers to travel seamlessly and conveniently with the World's Best Airline, through its home and hub, the award-winning Hamad International Airport."
Malta International Airport CEO Alan Borg stated: "The return of Qatar Airways as one of our airline partners is a welcome addition to our schedule, contributing to our efforts to expand our connectivity. A testament to our industry's resilience, we remain committed to facilitating the airline in increasing its operational growth in the region."
For his part, CEO of Malta Tourism Authority Carlo Micallef said: "We welcome the resumption of the Qatar Airways direct service between Doha and Malta. Qatar Airways' return signifies a strong recognition of Malta's tourism potential. The new schedule will strengthen Malta's connectivity with a variety of attractive and lucrative tourism source markets, and the Malta Tourism Authority remains fully committed to working in partnership with the airline to maximize business opportunities for Malta whilst ensuring the route's sustained long-term success."
Qatar Airways, a benchmark for excellence in the industry, continues to fly passengers from global markets to its European network of nearly 50 destinations through the world-class Hamad International Airport.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Qatar Tribune
6 hours ago
- Qatar Tribune
Rising United States debt, dollar's worst showing since 1973 stir concerns
Agencies The U.S. economy had a different start to the year. Halfway through, the impulsive policy of President Donald Trump is also not helping to preserve the so-called 'mighty' status of the dollar, which has seen the worst performance in over five decades. Since the return of Trump to the White House, uncertainty about Washington's financial policy has caused notable concern as the U.S. debt pile continues to rise. Analysts, meanwhile, say the president's 'One Big Beautiful Bill' could add extra pressure to it in the upcoming decade. Concerns over the health of the U.S. economy and growing debt have also been visible on financial markets as U.S. bond yields have climbed – an indication that investors are worried about the sustainability of the debt of the world's top economy. Those concerns have also affected the dollar, which, as the global reserve currency, has usually been seen as a safe haven currency. Foreigners have to purchase dollars if they want to buy U.S. bonds, which have also been seen as one of the safest assets in times of volatility. However, the dollar lost more than 10% during the first half of the year – its worst performance since 1973. On Thursday, it remained close to this week's 3.5-year lows, hours ahead of a key jobs report, and as a U.S.-Vietnam trade accord fanned expectations for other potential deals ahead of July 9 when U.S. tariffs take effect. Quickly changing dynamics related to tariffs, uncertainty and unpredictability when it comes to the next moves of Trump have dented investors' confidence in the world's largest economy. Recent reports, in contrast, revealed growing interest in Europe. Data from LSEG's Lipper Funds show that more than $100 billion has flowed into European equity funds so far this year – up threefold from the same period last year – while outflows from the U.S. more than doubled to nearly $87 billion. The euro, a common currency used in 20 EU countries, also strengthened compared to the greenback in the recent period.A common explanation for the weakening of the dollar versus a basket of currencies is the impact of Trump's tariffs on the U.S. economy in the long term, coupled with the expectations that it might no longer outperform other major economies. The U.S. Treasury raises funds by issuing three types of debt instruments: short-term bills, medium-term notes and long-term bonds. They carry a face value but are sold at a discount, with that price helping determine the yield, or rate of return, for investors. Higher yields indicate investors are demanding a higher rate of return to hold U.S. debt, which can be an indication of concern over whether they will eventually be repaid. The yields on 30-year U.S. bonds rose above the symbolic level of 5.0% in May, but have since retreated to around 4.8%. 'Most of the concerns stem from the 'One Big Beautiful Bill,' the law supported by the White House that includes measures to prolong tax cuts brought in by Donald Trump during his first term,' said Gregoire Kounowski, an investment advisor at asset manager Norman K. 'If the text remains unchanged, it would add $3 to $4 trillion to the U.S. debt,' he bill faces a final vote in the U.S. House of Representatives on Thursday after squeaking through the Senate on Tuesday. When Moody's cut the U.S.'s top triple-A credit rating in May, it cited rising levels of government debt and the impact of the interest costs on the U.S. budget.'It was a warning signal for markets and put the trajectory of U.S. debt in the center of concerns,' said Raphael Thuin, head of capital market strategy at Tikehau Capital. U.S. debt now totals more than $36.2 trillion, according to the U.S. Treasury, or 120% of annual economic output. Around $29 trillion of that is bonds that the Treasury sells on markets to investors: principally banks, pension funds and foreign governments. Foreign governments currently own $9 trillion in U.S. debt, with Japan, Britain and China the top holders. China had until March been either the top or the second-largest holder of U.S. government debt. Since the U.S.-China trade war in 2020 during Trump's first term in office, 'China has gotten rid of U.S. debt in favour of gold. It didn't sell its bonds, but it didn't replace those that matured,' said Aurelien Buffault, an asset manager at Delubac AM. The rest of the world buys U.S. debt as they want to hold a solid dollar-denominated size of the U.S. debt market also makes it attractive to investors. 'It is about 20% larger than the European sovereign debt market in terms of capitalization,' said Guy Stear, head of developed markets research at Amundi. That makes it easier to buy and sell U.S. debt quickly. U.S. debt has until recently also benefited from being considered a 'safe haven' investment, as the U.S. government was seen as a reliable borrower. However, since April, investors have started to pass over U.S. debt and the dollar when seeking safe haven assets, noted Stear. In the current environment, 'investors are looking for alternative safe havens, that is, a currency and assets that protect them when volatility and increased uncertainty,' said Imene Rahmouni-Rousseau, director general of market operations at the European Central Bank (ECB). 'It is precisely the euro and European government bonds that have played this role of protective shield,' and 'for the first time since the 2011 financial crisis, European financial markets are considered very attractive by investors' globally, she opined.
Qatar Tribune
17 hours ago
- Qatar Tribune
Qatar Airways announces resumption of its operations to Malta
DOHA: Qatar Airways has announced the resumption of its operations with four non-stop flights a week between Hamad International Airport (DOH) and Malta International Airport (MLA). The latest addition to the airline's network in Europe affirms its commitment to maintaining global connectivity. In this regard, Qatar Airways Chief Commercial Officer Thierry Antinori said: "Qatar Airways remains at the forefront of supporting global connectivity with its resumption of operations in Malta. As the only airline in the Middle East with non-stop services to and from Malta, we deliver convenient travel experiences to our passengers who seek to enjoy the vibrant nature of Malta and its landscape. We welcome global travelers to travel seamlessly and conveniently with the World's Best Airline, through its home and hub, the award-winning Hamad International Airport." Malta International Airport CEO Alan Borg stated: "The return of Qatar Airways as one of our airline partners is a welcome addition to our schedule, contributing to our efforts to expand our connectivity. A testament to our industry's resilience, we remain committed to facilitating the airline in increasing its operational growth in the region." For his part, CEO of Malta Tourism Authority Carlo Micallef said: "We welcome the resumption of the Qatar Airways direct service between Doha and Malta. Qatar Airways' return signifies a strong recognition of Malta's tourism potential. The new schedule will strengthen Malta's connectivity with a variety of attractive and lucrative tourism source markets, and the Malta Tourism Authority remains fully committed to working in partnership with the airline to maximize business opportunities for Malta whilst ensuring the route's sustained long-term success." Qatar Airways, a benchmark for excellence in the industry, continues to fly passengers from global markets to its European network of nearly 50 destinations through the world-class Hamad International Airport.
Qatar Tribune
a day ago
- Qatar Tribune
QA resumes Malta operations with four weekly flights
Tribune News Network DOHA Qatar Airways (QA) on Wednesday resumed operations in Malta with four non-stop flights a week between Hamad International Airport (DOH) and Malta International Airport (MLA). The latest addition to the airline's network in Europe affirms its commitment to maintaining global connectivity. Malta is home to Valletta, its capital city declared a UNESCO World Heritage Site, and Mdina, its old capital with more than 4,000 years of history. With 300 days of sun, the country invites travellers to explore its sun-drenched coasts, rich history, and cultural experiences. Qatar Airways Chief Commercial Officer Thierry Antinori said, 'Qatar Airways remains at the forefront of supporting global connectivity with its resumption of operations in Malta. As the only airline in the Middle East with non-stop services to and from Malta, we deliver convenient travel experiences to our passengers who seek to enjoy the vibrant nature of Malta and its landscape. We welcome global travellers to travel seamlessly and conveniently with the World's Best Airline, through its home and hub, the award-winning Hamad International Airport.' Malta International Airport CEO Alan Borg said, 'The return of Qatar Airways as one of our airline partners is a welcome addition to our schedule, contributing to our efforts to expand our connectivity. A testament to our industry's resilience, we remain committed to facilitating the airline in increasing its operational growth in the region.' Malta Tourism Authority CEO Carlo Micallef said, 'We welcome the resumption of the Qatar Airways direct service between Doha and Malta. Qatar Airways' return signifies a strong recognition of Malta's tourism potential. The new schedule will strengthen Malta's connectivity with a variety of attractive and lucrative tourism source markets, and the Malta Tourism Authority remains fully committed to working in partnership with the airline to maximise business opportunities for Malta while ensuring the route's sustained long-term success.' QA flight to Malta (MLA) Departing every Wednesday and Friday: Doha (DOH) to Malta (MLA) – Flight QR381: Departure 02:05; Arrival 06:45 Malta (MLA) to Doha (DOH) – Flight QR382: Departure 10:15; Arrival 16:20 Departing every Monday and Saturday: Doha (DOH) to Malta (MLA) – Flight QR383: Departure 08:45; Arrival 13:25 Malta (MLA) to Doha (DOH) – Flight QR384: Departure 17:05; Arrival 23:10
