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Qatar Airways said Thursday it earned a profit of USD 1.2 billion over the last fiscal year, boosted in part by the small Arabian Peninsula country's hosting of the 2022 FIFA World Cup. Qatar Airways, like other carriers in Gulf Arab nations, relies on the country's location to ferry passengers between the East and West. Its earned revenue of USD 20.9 billion over the year is up from USD 14.4 billion the year before. Those figures stand in contrast to the USD 4.1 billion loss it suffered in the 2021 fiscal year amid the coronavirus pandemic and the grounding of its fleet. Qatar Airways' profit of USD 1.2 billion is down slightly from USD 1.5 billion last fiscal year. Part of that came from a spike in operating expenses, particularly in jet fuels as energy prices rose after the grip of the pandemic loosened and air travel resumed. Qatar Airways received a USD 3 billion infusion from the government during the pandemic to keep it afloat. As the global travel industry continued its ..
Qatar Airways on Wednesday reported USD 1.2 billion in profits over the past year, buoyed by its role in ferrying fans to the soccer World Cup. The long-haul airline increased its revenue to USD 21 billion, a 45 per cent increase over the previous year, it said. Its yearly passenger load reached 31.7 million, a 71 per cent increase. The airline said it transported 1.4 million passengers to the FIFA World Cup in Qatar. It also expanded its network to more than 160 destinations. Qatar Airways operates out of a gleaming new airport in Qatar's capital, Doha, and competes with long-haul carriers Emirates and Ettihad, which operate out of the nearby United Arab Emirates. Qatar Airways made it through the pandemic's hardest months with a USD 3 billion lifeline from the Qatari government. Its main competitor, Dubai's flagship Emirates Airline, also received a multibillion-dollar payment by the Dubai government during the pandemic. The two airlines serve as economic mainstays for their ...
Qatar Airways Group on Friday said it is looking to onboard new employees from India to support its global operations and enhance customer experience over the coming months. The company will start accepting applications from Indian citizens for various roles across divisions from September 16, 2022, Qatar Airways Group said in a statement. When contacted, Qatar Airways Group said they will hire a significant number of staff from India but did not provide the numbers. The Indian recruitment drive is part of the group's global recruitment drive as the company looks to rebuild the workforce and fuel expansion, the airline added. In India, the group is targeting to hire staff for its various divisions, ranging from Qatar Airways, Qatar Duty-Free, Qatar Aviation Services, Qatar Airways Catering Company, and Qatar Distribution Company to the Dhiafatina Hotels. With a major focus on growing the customer experience team, the group plans to hire a substantial number of staff for various ro