Qatar Airways has received around $2 billion in state aid as the carrier deals with the fallout from the Covid-19 pandemic. Calling 2019-20 one of its “most difficult years,” the airline noted it had also been hit by the ongoing blockade of Qatari airspace due to a boycott by other Middle Eastern countries and the collapse of Air Italy in recent months.  Qatar Airways had a large stake in Air Italy.  Qatar joined a list of governments that have stepped in to support their national carriers through the coronavirus shutdown. As the Covid-19 pandemic continues to decimate the aviation sector, Qatar Airways said it would issue 730 million shares to the government after annual losses exceeded 50% of share capital. Dubai-based rival Emirates announced similar measures earlier this year. Akbar al-Baker, CEO of Qatar, pointed out a series of metrics were headed in a positive direction. “If not for the exceptional circumstances of fiscal year 2020, our results would have been better than the year before,” he said.