DUBAI, United Arab Emirates – The holding company that owns Qatar Airways reported Monday 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.
The state-owned carrier reported revenues of $23.4 billion overall in the results, up from $22.1 billion the year before. Its fiscal year profits in the prior reporting period were $1.6 billion.
“These record-breaking results are a testament to the hard work, skill and dedication of teams across all of Qatar Airways Group,” said group CEO Badr Mohammed al-Meer in a statement.
Qatar Airways, along with Abu Dhabi-based Emirates and Dubai’s Emirates, are long-haul carriers that link East-West travel. Their location on