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Qatar Airways

Latest Qatar Airways DevelopmentsAI Insights

Qatar Airways announced record profits for the fiscal year ending March 31, with net income rising nearly 30 percent to QAR7.9 billion. The carrier reported an almost eight percent increase in passenger numbers, reaching 43.1 million. The company achieved a rise in load factor to 85 percent and saw revenue climb to QAR85.6 billion5.

It ordered up to 210 Boeing 787 Dreamliner and 777X jets, valued at $96 billion during President Donald Trump's visit to the Gulf. This represents Boeing’s largest wide-body order4.

The company previously announced plans to provide Starlink internet service on all its flights within a year. Starlink service offers high-speed broadband, especially in regions with limited connectivity1.

Qatar Airways is reportedly preparing to order about 100 wide-body aircraft with an option for an additional 100 during the same regional visit3.

The company reported its net profit increase alongside other Gulf carriers, which also experienced financial gains2.

Qatar Airways Overview

Qatar Airways is a state-run airline established in 1993.

It operates a “hub-and-spoke network”, flying to over 170 international destinations in over 90 countries from its base at Hamad International Airport, with a fleet of more than 200 aircraft.

Qatar Airways owns a 25 percent stake in British Airways owner International Airlines Group (IAG), a 25 percent stake in South Africa’s Airlink, 10 percent stakes in Chile’s Latam Airlines and Hong Kong’s Cathay Pacific Airways, and a 3.4 percent share in China Southern Airlines.

It has also invested in the $1.3 billion airport being built in Rwanda, taking a 60 percent stake in 2019. Qatar Airways has code-share agreements with several airlines in Africa including Rwandair.

In October 2024 Qatar Airways announced it would buy a minority 25 percent stake in Virgin Australia from the US private equity firm Bain Capital.

Subsidiaries include Qatar Airways Cargo, Qatar Airways Holidays, United Media International and Qatar Distribution Company.

Qatar Airways News

Airlines are navigating empty skies over much of the Middle East as Israeli attacks on Iranian sites force thousands of flight cancellations and diversions

Middle East airspace shut after Israel strikes Iran

Airlines steered clear of much of the Middle East on Friday after Israeli attacks on Iranian sites forced carriers to cancel or divert thousands of flights in the latest upheaval to travel in the region. Proliferating conflict zones around the world are becoming an increasing burden on airline operations and profitability and more of a safety concern. Detours add to […]

A Boeing 777 on the production line. Boeing's May orders underscore strong demand from the Middle East

Trump’s Gulf deals help Boeing deliver a blockbuster May

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Gulf aviation and politics intersect at 30,000 feet

As headlines swirled around Qatar’s reported gifting of a private jet to President Donald Trump, the real political theatre last month unfolded in the skies above the Gulf.  Within days of each other, regional carriers Etihad Airways and Qatar Airways revealed a combined 238-jet order from Boeing, the troubled US manufacturer, highlighting how aviation serves […]

Qatar Airways last month announced a 30% rise in net income in 2024-25

Qatar Airways agrees first local credit facility in three decades

Qatar Airways has secured QR4.5 billion ($1.2 billion) in funding from domestic banks, its first local credit facility in 28 years. The money is fully underwritten and led by Qatar National Bank, the sole and exclusive bookrunner and global coordinator, the Qatar News Agency reported. Other lenders include Ahlibank, Commercial Bank, Doha Bank, Dukhan Bank, […]

A Starlink satellite dish on a residential building. Full approval for the company to begin operations in Lebanon is expected this month

Starlink to begin operating in Lebanon

Satellite internet provider Starlink, owned by US billionaire Elon Musk, has secured initial approval from Lebanon to start operating in the country. The agreement comes just a few months before the crisis-battered nation signs a landmark rescue agreement with the International Monetary Fund (IMF). Lebanese media reported on Monday that economy and trade minister Amer […]

Elon Musk's Starlink sets sights on Iraq, aiming to revolutionise internet access for 47 million people. This strategic move is part of Starlink's broader Middle East expansion

Elon Musk’s Starlink in talks to enter Iraqi market

Starlink, a US satellite internet provider owned by billionaire Elon Musk, has sent a team to Baghdad to discuss pushing into the Iraqi market, a market of 47 million people. Prime Minister Mohammed Al-Sudani met the team in Baghdad on Wednesday and the talks focused on potential services related to digital transformation and improving Iraq’s […]

Etihad Boeing Antonoaldo Neves

Etihad comfortable with Boeing deliveries as profit rises

Abu Dhabi’s Etihad Airways, which posted record profit in the first quarter, said it expects to take delivery of at least 100 planes from US plane maker Boeing over the next five years, helping to equip its route expansion plans. “We’re getting more than 20 planes a year for the next five years,” Etihad Airways […]

President Donald Trump and Qatar's Emir Tamim bin Hamad Al Thani. The US said "economic exchanges" with Qatar will be worth $1.2trn

Qatar to double US investments

Qatar’s $526 billion sovereign wealth fund intends to more than double the value of its investments in the US, CEO Mohammed Al-Sowaidi said this week. At a conference in the Qatari capital, Doha, Al Sowaidi said the Qatar Investment Authority (QIA) will be “probably buying more than double what we’ve been doing for the past […]