"I am delighted to announce that Qatar Airways Group has demonstrated another remarkable annual performance. Qatars transportation sector is an emblem of its interconnectivity, connecting people from around the world and increasing business connections throughout the region. Qatar is proud to have hosted fans from around the world during the FIFA World Cup Qatar 2022, delivering one of the best FIFA World Cups in history. Qatar has set an unparalleled benchmark for tournament security and safety, creating a family-friendly destination of choice," HE Minister of State for Energy and Qatar Airways Group Chairman Saad Bin Sharida Al Kaabi.
"This years strong financial results are attributed to the strong passenger demand recovery and the teams ability to cater to this demand, aided by our continuing network growth, market leadership, and the operational efficiencies delivered by our world beating team. Profitability has been driven by a 100 per cent increase in passenger revenues in the last year. Load factors exceeding 80 per cent, and the current yield levels are the highest in our history. As the global travel recovery from the COVID-19 pandemic continues, we have managed to retain the high levels of trust, reliability and confidence with our customers. As a result, we maintained our position as the airline of choice for millions of passengers worldwide and our team carried 31.7 million passengers, which is an increase of 71 per cent over last year," Qatar Airways Group Chief Executive HE Akbar Al Baker said.
As FIFA's Official Partner and Official Airline Partner of the FIFA World Cup Qatar 2022, the Group upheld its commitment to unite people through the power of sport throughout the 2022/23 fiscal period. Over the period of the tournament, Qatar Airways operated some 14,000 flights bringing more than 2.4 million fans from all six continents to Qatar, to witness the greatest sporting show on Earth. Five billion fans engaged with the FIFA World Cup Qatar 2022 across the tournament delivering vast media return on investment to the Qatar Airways brand and more than 63 percent media return than the 2018 FIFA World Cup Russia. The social media engagement of the tournament increased followers by more than 83 per cent.
Source: Qatar News Agency