Qatar Airways Group has again reported a strong financial performance as the Official Airline Partner of the FIFA World Cup Qatar 2022™ publishes its annual report for 2022/23. The airline credits the positive results to its successful strategy during an extraordinary year for the Group as FIFA’s Official Partner and Official Airline of the FIFA World Cup Qatar 2022™ along with its premium product focused on delivering world-class customer experience as well as the commitment of its worldwide employees.
Qatar Airways Group reported a net profit of US$ 1.21 billion during the fiscal year 2022/23. Overall revenue increased to US$ 21.0 billion, up 45 per cent compared to last year. Passenger revenue increased by 100 per cent over last year, on a capacity increase of 31 per cent driven by nine per cent higher yields and a load factor of 80 per cent – both highest in the airline’s history, resulting in a sustainable increase in market share. Qatar Airways carried 31.7 million passengers, an increase of 71 per cent over last year. The continued focus on customer experience, loyalty, digitalization, and sustainability has placed Qatar Airways on a strong platform for the future.
