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
Lufthansa Debuts “FOX” Across All Cabins: A New Service Concept for Long-Haul Flights
ITA Airways Launches Direct Flights Between Rome and Houston
Air France Celebrates 60 Years of In-Flight Entertainment: From Boeing 707 to 4K Technological Vanguard
Ryanair Urges Spanish Government to Suspend New EES Border Control System Until September
Plataforma Informativa de Aviación Comercial con 13 años de trayectoria.