Qatar Airways profits rise to $445m
Qatar Airways profits rise to $445m
Dubai - Arab Today
One of the Middle East's biggest carriers, Qatar Airways, announced on Monday net profits of $445 million in 2016, up from $103 million the previous year.
The airline's revenue rose from $9.3 billion in 2015 to $9.6 billion for the fiscal year ending March 31.
Qatar Airways Group Chief Executive Akbar Al-Baker said in a statement it was the 19-year-old airline's best fiscal year to date.
The airline added 13 new destinations this year to fly to more than 150 cities worldwide. It also launched direct flights from its base in Doha to Atlanta, home to the world's busiest international airport.
Qatar Airways operates a fleet of 186 aircraft, including the new Airbus A350 XWB, out of its hub in the vast new Hamad International Airport in Doha, which is preparing to host soccer's World Cup in 2022.
Qatar Airways is one of the region's three biggest carriers.
Source: Arab News
- Wednesday ,26 April GMT 04:49 2017 Dubai’s Emirates considering radical options amid global turbulence in aviation
- Tuesday ,25 April GMT 04:42 2017 The real news from Qatar Airways: The war against ‘wicked swindlers and bullies’
- Monday ,24 April GMT 19:03 2017 Qatar Airways see ‘manageable’ decline on US flights amid electronics ban
- Monday ,17 April GMT 23:29 2017 Australia bolsters security checks for flights from Middle East countries
GMT 08:46 2017 Wednesday ,28 June
Saudi carrier seeks to poach Qatar Airways crewGMT 04:49 2017 Wednesday ,26 April
Dubai’s Emirates considering radical options amid global turbulence in aviationGMT 04:42 2017 Tuesday ,25 April
The real news from Qatar Airways: The war against ‘wicked swindlers and bullies’GMT 19:03 2017 Monday ,24 April
Qatar Airways see ‘manageable’ decline on US flights amid electronics banGMT 23:29 2017 Monday ,17 April
Australia bolsters security checks for flights from Middle East countriesRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 08:49 2018 Sunday ,09 December
Gazans defy violent response to their attempts to end Israeli blockade
GMT 15:02 2017 Monday ,23 January
Philippine officials off to Beijing for $15bn deals
GMT 12:56 2014 Monday ,28 July
Egypt's Mufti congratulates Egyptians on Eid al-FitrGMT 15:58 2012 Tuesday ,27 March
The LJM cannot solve Darfur aloneGMT 04:43 2011 Monday ,21 November
Iranian president\'s media advisor sentenced to prisonGMT 13:45 2011 Friday ,02 December
A perfectly romantic Florentine experience
GMT 16:50 2016 Saturday ,16 April
Sharjah Book Authority promotes Sharjah at London Book Fair
GMT 05:00 2017 Monday ,08 May
With EPL crown in sightGMT 13:57 2010 Thursday ,30 September
The Ahram \"photo\" and the Western media\'s reaction
GMT 05:32 2017 Thursday ,06 July
Social media influencers
GMT 11:13 2016 Friday ,16 September
1 year on, can Volkswagen leave 'dieselgate' behind
GMT 08:39 2017 Wednesday ,18 October
US-backed forces take Raqa hospital from IS holdoutsGMT 06:58 2011 Sunday ,26 June
Yuan forwards ease after Wen: inflation falling
GMT 15:45 2014 Tuesday ,13 May
Fascinating Eichler home
GMT 14:30 2017 Wednesday ,01 February
Again hints at Dortmund exit
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor