Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Qatar Airways reports earning USD 2.15 billion profit in its last fiscal year, record for carrier

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Qatar Airways reports earning USD 2.15 billion profit in its last fiscal year, record for carrier
PTI News
Dated:- 19-5-2025
PTI
Dubai, May 19 (AP) The holding company that owns Qatar Airways reported on Monday it earned a USD 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 coronavir .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... us pandemic. The state-owned carrier reported revenues of USD 23.4 billion overall in the results, up from USD 22.1 billion the year before. Its fiscal year profits in the prior reporting period were USD 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 statem .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ent. Qatar Airways, along with Abu Dhabi-based Emirates and Dubai's Emirates, are long-haul carriers that link East-West travel. Their location on the Arabian Peninsula between Europe and Asia have made them a key link in global transit. Qatar Airways also got a boost when the small, energy-rich nation hosted soccer's 2022 FIFA World Cup. Qatar Airways reported carrying 43.1 million passenge .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... rs, up from the prior financial year's 40 million. Its fleet includes over 230 aircraft, which is a mix of Airbus and Boeing long-haul and medium-range planes. The Qatar Airways Group includes the airline, its cargo service, the country's airport operator and Qatar Duty Free. Its financial year runs from April 1 to March 31. The announcement follows long-haul carrier Emirates earlier this mont .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... h saying that it earned annual profits of USD 5.2 billion, with the state-owned firm declaring itself the world's most profitable airline. (AP) PY PY
News - Press release - PIB .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates