Qatar Airways reported a net profit of QAR1.97 billion ($540 million), for the 2016-17 financial year, up 21.7% compared to net profit of QAR1.62 billion in FY2016. Profit margin was 5%, compared to the previous year’s figure of 4.5%. The Gulf carrier achieved the result on revenues of QAR39.4 billion, up 10.4% year-over-year (YOY). Qatar’s fiscal year 2017 was from April 1, 2016-March 31, 2017. Over FY2017, the airline carried 32 million passengers, up 19.8% YOY from 26.7 ...

Subscribe to Access this Entire Article

"Qatar Airways reports profits up 21.7% in FY2017" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions?

Already registered? here.