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Monday, 12 June 2017

Qatar Airways' Profit Rises 22% on Long-Haul Routes, Expanded Fleet - Bloomberg

Qatar Airways' Profit Rises 22% on Long-Haul Routes, Expanded Fleet - Bloomberg:

"Qatar Airways struck a defiant tone and vowed to continue expanding, even as its state owner is sanctioned by neighboring countries in an escalating political standoff that’s threatening to choke the tiny nation’s economy. The Persian Gulf’s second-largest carrier will introduce a record number of 24 destinations in the next year, including ultra long-haul routes to Santiago de Chile and Rio de Janeiro, the company said Sunday in a statement. To serve the growing network, Qatar Airways will add 66 Airbus SE A350 planes over the coming five years. Despite the sanctions, “Qatar Airways continues to operate to the rest of its network as per its published schedules with day-to-day adjustments for operational and commercial efficiencies, which is standard airline practice,” the company, led by Chief Executive Officer Akbar Al Baker, said in the statement."



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