Rugby fans from all over the world will soon descend on France for the 10th Rugby World Cup.
25.08.2023 - 13:15 / skift.com / Akbar Al-Baker
Qatar Airways late on Wednesday reported a record annual revenue of 76.3 billion riyals ($21 billion), underpinned by a higher customer base after the Doha-based carrier hosted the FIFA World Cup as its official partner and airline.
Net profit for the fiscal year 2022-2023 stood at 4.4 billion riyals ($1.21 billion), the company said in a statement, when the airlines carried 31.7 million passengers, a 71% jump year-on-year.
The airline recorded a load factor of 80% and yields, both the highest in the company’s history.
During the World Cup, Qatar Airways operated about 14,000 flights, bringing more than 1.4 million fans to the Arab country.
The airline could expand its number of destinations by more than 255 from 170 under plans for rapid growth, CEO Akbar Al Baker said in May, but its ability to do so depends on the delivery of additional aircraft.
Airbus had in March reinstated an order for 73 aircraft from Qatar Airways, which it had revoked during a major legal dispute over damage to the surface of grounded A350s.
The airline and planemaker settled the dispute in February, and Al Baker said he expected to begin receiving the aircraft in the “not too distant future.”
Qatar Airways is also experiencing delayed delivery of Boeing 787 and 777X planes, Al Baker added. He said the 787 delays had been caused by “unnecessary” concerns raised by the U.S. Federal Aviation Administration (FAA).
Gulf analysts say the small peninsula state faces stiff competition from neighboring Dubai, an international tourist destination, as well as from Saudi Arabia as the kingdom opens up and invests heavily in tourism and entertainment.
Rugby fans from all over the world will soon descend on France for the 10th Rugby World Cup.
Qatar Airways' award-winning business class is not the airline's only money-maker.
The conclusion of the FIFA Women’s World Cup Australia & New Zealand 2023 highlights the growing and collective legacy of Qatar Airways and FIFA.
Complimentary entry included with all Stopover Packages booked through Discover Qatar
Connectivity is reinforced with three strategic U.S. airline partners, American Airlines, JetBlue and Alaska Airlines.
Qatar Airways is optimistic about Brazil and the overall Latin American market as part of a global network expansion strategy on the heels of World Cup-driven surge for its business.
Cricket is the most popular sport in India and has a huge fan base. Beyond just being a sport, it is deeply embedded in the nation’s culture, evoking intense emotions from the masses over the victories and losses of their favorite teams: 90% of the global cricket fandom consists of Indians, highlighting the cricket craze in the country.
Qatar Airways is no stranger to glamorous inflight experiences and sometimes flashy media headlines. The Oneworld alliance member is a growing global carrier that is upending what travelers should expect from an airline. The carrier’s vision comes from its CEO, Akbar Al Baker, who is responsible for taking this once-small carrier to the global stage.
Balloons in the national colours of Israel and Qatar festooned the departure gate for the first commercial flight between the countries on Sunday, permitted by Doha for fans of the World Cup despite the absence of formal bilateral relations.
Hundreds of Moroccan soccer fans desperate to reach Qatar to watch their team become the first from an Arab or African country play in a World Cup semi-final were left stranded on Wednesday as Morocco’s airline scrapped several extra flights.
Good morning from Skift. It’s Wednesday, November 23. Here’s what you need to know about the business of travel today.
Iconic World Cup stadiums have long lived in the memory of those who played in and attend the tournament, often standing as a beacon in the backdrop of the host city, but Stadium 974 which held seven games in Doha will soon cease to exist.