Qatar Airways reports positive financial performance for first half FY 2023-24

Qatar Airways Group has reported a net profit of QAR 3.736 billion (US$ 1.026 billion) for first half of fiscal year 2023/2024 which represents an increase of 113.8% compared to the same period last year 2022/2023. The Group’s total revenue for first half of fiscal year 2023/2024 increased to QAR 40.126 billion (US$ 11.019 billion), up 7.4% compared to the same period last year 2022/2023. Passenger revenues rose 28.5% over the last year with increased load factors of 83.3% generating higher yields of 3.6%.   Qatar Airways total passenger count for the first six months ending September-2023 increased to 19.078m, representing