Qatar Airways posts record $1.54 bn profit despite pandemic

Qatar Airways on Thursday posted a record net profit of $1.54 billion for the 2021-2022 financial year, a result it attributed to a "successful strategy" during the coronavirus pandemic.

The state-owned airline said the profit result was "200 percent above its highest annual historical profit" and achieved on the back of $14.4 billion in overall income.

It said that the revenue figure was "a remarkable two percent higher than the full financial year pre-Covid" in 2019-2020.

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