Qatar Archives - Page 2 of 2

Qatar reports $22.2 billion revenue, $1.7 billion profit, strongest performance in 27 years

Posted on July 3, 2024July 3, 2024 by Wole Shadare

…Annual profits 39% higher than previous year Qatar Airways Group has reported the strongest financial performance in its 27-year history, announcing record profits of QAR6.1 billion (US$1.7 billion) in its Annual Report for the 2023/24 financial year. The multiple award-winning airline group reported historic net profits of QAR6.1 billion (US$1.7 billion) during the 2023/24 fiscal, with a total revenue of QAR81 billion (US$22.2 billion), representing an increase of QAR4.7 billion (US$1.3 billion) – up…

Qatar inches close to 49% stake in RwandAir, says Yvonne Makolo

Posted on June 6, 2024June 6, 2024 by Wole Shadare

Qatar Airways and RwandAir are set to finalise a deal that will see the Doha-based airline take up a 49 percent stake in the Kigali-based airline. Ms. Yvonne Makolo, RwandAir’s CEO and the outgoing Chair of the IATA Board of Governors, speaking to Aviation Metric on the sidelines of the just-ended 80th IATA AGM and Word Air Transport Summit held in Dubai and hosted by Emirates Airlines, said: “We just are about finalising [the agreement]…

Qatar’s destinations in Africa rise to 29 with DRC operations

Posted on June 1, 2024 by Wole Shadare

Mega carrier, Qatar Airways is expanding rapidly into the African aviation market as the carrier began flight operations, connecting the Democratic Republic of Congo with Europe, the Middle East and Asia. The inaugural flight from Doha to Kinshasa landed at N’djili International Airport on Saturday, 01 June 2024, bringing the total number of African destinations served by the airline to 29. The new route promises to connect Kinshasa to the world via Qatar Airways’ Doha…

Qatar Airways, Access Bank ink deal on discounted fares

Posted on March 5, 2024 by Wole Shadare

Qatar Airways, the unprecedented seven-time winner of the Skytrax ‘World’s Best Airline’ award, on Tuesday announced its partnership with Access Bank to offer the bank’s customers across Africa exclusive discounts on flights – embodying its commitment to enhancing air transport accessibility and convenience. In efforts to ease financial barriers to air travel, the multiple award-winning airline will offer a 12 per cent discount on both business and economy class tickets to Access Bank customers who…

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