DOHA, June 16 (AFP): Qatar Airways on Thursday posted a record net profit of $1.54 billion for the 2021-2022 financial year, a result it attributed to a "successful strategy" during the coronavirus pandemic.
The state-owned airline said the profit result was "200 per cent above its highest annual historical profit" and achieved on the back of $14.4 billion in overall income.
It said that the revenue figure was "a remarkable two per cent higher than the full financial year pre-Covid" in 2019-2020.
Gas-rich Qatar is among several governments that stepped in to support their national carriers through the coronavirus shutdown, which pummelled global travel and the aviation industry.
Qatar Airways, the Middle East's second biggest airline after Emirates, had reported in September last year an overall loss of $4.1 billion in the 2020-2021 financial year.
Qatar Airways posts record $1.54b profit
FE Team | Published: June 16, 2022 23:48:44
Qatar Airways posts record $1.54b profit
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