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Al Jazeera
Al Jazeera
Business

Qatar Airways posts record $1.5bn profits before World Cup

Qatar Airways World Cup Middle East Pandemic
The airline said revenue reached $14.4bn, up 78 percent compared with last year [File: Jeff Chiu/AP Photo]

Qatar Airways, one of the Middle East’s largest air carriers, announced its profits during the past fiscal year topped $1.5bn, marking the highest-ever earnings for the state-owned company as it prepares to see a record surge in travellers for the upcoming FIFA World Cup football games.

Qatar Airways operates out of a new airport in the capital, Doha, on the eastern coastline of the Arabian Peninsula, where the World Cup will be held for the first time in the Middle East in November and December this year.

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