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

DUBAI United Arab Emirates AP The holding company that owns Qatar Airways disclosed Monday it earned a billion profit in its last fiscal year its highest-ever profit off the back of record guest numbers as global aviation bounces back after the coronavirus pandemic The state-owned carrier communicated revenues of billion overall in the results up from billion the year before Its fiscal year profits in the prior reporting period were billion These record-breaking results are a testament to the hard work skill and dedication of teams across all of Qatar Airways Group noted group CEO Badr Mohammed al-Meer in a declaration Qatar Airways along with Abu Dhabi-based Emirates and Dubai s Emirates are long-haul carriers that link East-West advance 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 FIFA World Cup Qatar Airways stated carrying million passengers up from the prior financial year s million Its fleet includes over aircraft which is a mix of Airbus and Boeing long-haul and medium-range planes The Qatar Airways Group includes the airline its cargo function the country s airport operator and Qatar Duty Free Its financial year runs from April to March The announcement follows long-haul carrier Emirates earlier this month saying that it earned annual profits of billion with the state-owned firm declaring itself the world s preponderance profitable airline Source