What Happened
Doha-Based Carrier Remains Resilient Amid Regional Challenges
Qatar Airways Group reported a net profit of $1.94 billion for the year to 31 March, despite a 10% decline due to Middle East disruption. The airline’s revenues slipped 2.6% to $22.9 billion, but operating profit increased to $4.17 billion. Qatar Airways took delivery of 18 aircraft and ordered up to 210 from Boeing, including 130 787s and 30 777-9s. The airline expects to serve 160 destinations by summer this year. According to FlightGlobal, the carrier remains confident in its growth strategy despite the complex geopolitical environment.