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Qatar Airways posts record profit
Qatar Airways Group celebrates its milestone 25th Anniversary year of operation with its strongest financial performance ever
Qatar Airways Group reported a record net profit of QAR 5.6 billion (US$ 1.54 billion) during the fiscal year 2021/22.
Overall revenue increased to QAR 52.3 billion (US$ 14.4 billion), up 78% compared to last year and 2% higher than the full financial year pre-Covid (
Passenger revenue increased by 210% over the last year.
The airline grew to more than 140 destinations in 2021/22, opening new routes including Abidjan, Côte d’Ivoire; Lusaka, Zambia; Harare, Zimbabwe; Almaty, Kazakhstan and Kano and Port Harcourt, Nigeria
It resumed more flights to key markets across Europe, Africa, the Middle East and Asia.
Minister of state for Energy and Qatar Airways Group Chairman, His Excellency Mr. Saad Bin Sharida Al-Kaabi, said: “These financial results are a clear indication of the Group’s strong performance. I am delighted by the way the Group has swiftly responded to these challenges.”
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