Qatar Airways Group reports “record revenues” for FY2022-23

Qatar Airways Group has reported a strong financial performance for fiscal year 2022/23 posting a net profit of QAR 4.4 billion ($1.21 billion) and a 45% increase in overall revenue to QAR 76.3 billion ($ 21.0 billion). The airline credits the positive results to its successful strategy during an extraordinary year as FIFA’s Official Partner and Official Airline of the FIFA World Cup Qatar 2022. Passenger revenue increased by 100% over last year, on a capacity increase of 31% driven by 9% higher yields and a load factor of 80% – both highest in the airline’s history, resulting in a