Qatar, Trump and 747 Aircraft
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The holding company that owns Qatar Airways has reported it earned a $2.15 billion profit in its last fiscal year, its highest-ever profit off the back of record passenger numbers as global aviation bounces back after the coronavirus pandemic.
Qatar Airways Group has recorded a profit of US$2.15B for the financial year 2024–2025, describing it as the “strongest set of financial results in its history”.
For FY25, Qatar Airways broke out its duty-free goods and beverages revenue, which reached QAR3.56 billion ($977.2 million). All of it is likely to be derived from QDF, but the retailer did not confirm this at the time of writing.
State-owned Qatar Airways posted an annual net profit of a record 7.8 billion riyals ($2.1 billion) for the 2024 financial year ended March 31, up 28% from a year earlier, the company said on Monday,
Qatar Airways' record-breaking results were announced several days after its massive Boeing order for up to 210 aircraft.
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TravelPulse on MSNQatar Airways Reports Record-Breaking $2.1 Billion in ProfitsQatar Airways reported record $2.1 billion profits for the 2024 fiscal year, boosted by fleet expansion and strategic partnerships, amid high demand for luxury Gulf carriers.
Dhaka: Qatar Airways has reported a record 28pc surge in annual net profit, reaching 7.8 billion Qatari riyals ($2.1 billion), according to a
DOHA (Reuters) -Qatar Airways posted a 28% jump in annual net profit to a record 7.8 billion Qatari riyals ($2.1 billion), according to a preliminary statement issued by the airline on Monday.
Qatar Airways Group has disclosed that the consideration for its 25% shareholding in Virgin Australia amounted to just under QR1.87 billion ($513 million). It acquired the interest in March this year,
Qatar Airways has also signed an agreement GE Aerospace for more than 400 engines, including 60 GE9X and 260 GEnx engines, with additional options and spares, to power its next-generation Boeing 777-9 and Boeing 787 aircraft – the largest widebody engine purchase in the history of GE Aerospace.
Investments in fleet expansion and network enhancements enabled new freighter services to Abu Dhabi and Sharjah in the UAE, Vienna, Austria, Kuala Lumpur, Malaysia and London Heathrow, UK
The luxury jet needs a security overhaul. That usually takes a few years, meaning it might not be ready until Trump is out of office. Shortcuts could create national security risks.