Qatar Airways posts 28% jump in net profit to record $2.1 billion
DOHA (Reuters) -Qatar Airways posted a 28% jump in annual net profit to a record 7.8 billion Qatari riyals ($2.1 billion), according to a preliminary statement issued by the airline on Monday. "We have also successfully implemented strategic partnerships throughout the industry, in order for the Group to remain agile in the face of ever-shifting world events, whether political, economic or environmental," CEO Badr Mohammed Al-Meer was quoted as saying in a statement from the airline. In the last year, Qatar Airways, seeking to boost passenger numbers and connectivity, bought a 25% stake in Virgin Australia and a 25% stake in South Africa-based regional carrier Airlink.
Reuters
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59 minutes ago
