FIFA World Cup fever lifts Qatar Airways revenue to record high

Qatar Airways late on Wednesday reported a record annual revenue of 76.3 billion riyals ($21 billion), underpinned by 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 per cent jump year-on-year.

The airline recorded a load factor of 80 per cent and yields, both the highest in the company’s history.

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