Qatar Airways posts 39% jump in annual profit to record $1.67 billion
Qatar Airways posted a 39% jump in annual net profit to a record 6.1 billion Qatari riyals ($1.67 billion) on Tuesday.
Revenue grew by 6% to 81 billion riyals in the year ended March 31, the government-owned airline said.
→ Qatar Airways inaugurates flights to Hamburg, Germany
It carried more than 40 million passengers and recorded a load factor of 83%.
“Our continued focus on profitability, efficiency and customer experience have been underpinned by a strategic programme of network growth and fleet expansion, resulting in the highest revenues and profit margins in the history of the airline”, CEO Badr Mohammed Al-Meer was quoted as saying in a statement from the airline.
Related Topics
SWISS Rolls Out Starlink High-Speed Internet: Commercial Debut on an Airbus A320neo
EasyJet Expands UK Connectivity With 18 New Routes For Summer 2027
UK to Launch Investigation into Air Traffic Control Failure that Grounded Thousands of Flights
Delta Strengthens Transatlantic Network for Summer 2027 with New Routes from Detroit and Boston to Europe
Plataforma Informativa de Aviación Comercial con 13 años de trayectoria.