A gas turbine engine and method for operating a gas turbine engine includes compressing an air stream in a compressor and combusting the compressed air stream to generate a post combustion gas. The post combustion gas is expanded in a first turbine. The expanded combustion gas exiting the first turbine is split into a first stream, a second stream and a third stream in a splitting zone including one or more aerodynamically shaped flow diverters. The first stream of the expanded combustion gas is combusted in a reheat combustor. An outer liner and flame stabilizer of the reheat combustor are cooled using the second stream of the expanded combustion gas. An inner liner of the reheat combustor is cooled using the third stream of the expanded combustion gas and a portion of the second stream of the expanded combustion gas passing through the one or more flame stabilizers.