The state-owned provider reported revenues of $23.4 billion (€21.53bn) total within the outcomes, up from $22.1 billion (€20.33bn) the 12 months earlier than. Its fiscal 12 months earnings within the prior reporting interval had been $1.6 billion (€1.47bn).
“These record-breaking outcomes are a testomony to the exhausting work, talent and dedication of groups throughout all of Qatar Airways Group,” group CEO, Badr Mohammed al-Meer, stated in a press release.
Qatar Airways, together with Abu Dhabi-based Emirates and Dubai’s Emirates, are long-haul carriers that hyperlink East-West journey. Their location on the Arabian Peninsula between Europe and Asia have made them a key hyperlink in world transit. Qatar Airways additionally acquired a lift when the small, energy-rich nation hosted soccer’s 2022 FIFA World Cup.
Qatar Airways reported carrying 43.1 million passengers, up from the prior monetary 12 months’s 40 million. Its fleet contains over 230 plane, which is a mixture of Airbus and Boeing long-haul and medium-range planes.
The Qatar Airways Group contains the airline, its cargo service, the nation’s airport operator and Qatar Obligation Free. Its monetary 12 months runs from 1 April to 31 March.
The announcement follows long-haul provider Emirates earlier this month saying that it earned annual earnings of $5.2 billion (€4.78bn), with the state-owned agency declaring itself the world’s most worthwhile airline.