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The Independent UK
The Independent UK
National
Jon Gambrell

Qatar Airways posts a $1.2 billion profit over the last fiscal year when it hosted FIFA World Cup

Copyright 2020 The Associated Press. All rights reserved

Qatar Airways said Thursday it earned a profit of $1.2 billion over the last fiscal year, boosted in part by the small Arabian Peninsula country's hosting of the 2022 FIFA World Cup.

Qatar Airways, like other carriers in Gulf Arab nations, relies on the country’s location to ferry passengers between the East and West. Its earned revenue of $20.9 billion over the year is up from $14.4 billion the year before.

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