{"id":71946,"date":"2023-07-10T00:00:00","date_gmt":"2023-07-10T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/qatar-airways-reports-record-revenues-during-fy-2022-2023\/"},"modified":"2023-07-10T00:00:00","modified_gmt":"2023-07-10T00:00:00","slug":"qatar-airways-reports-record-revenues-during-fy-2022-2023","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/qatar-airways-reports-record-revenues-during-fy-2022-2023\/","title":{"rendered":"Qatar Airways reports record revenues during FY 2022\/2023"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.qatarairways.com\/en\/about-qatar-airways\/group-companies.html\" style=\"\">Qatar<\/a><\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/www.qatarairways.com\/en\/about-qatar-airways\/group-companies.html\" style=\"\">Airways<\/a><\/span><span style=\"font-weight:700\">\u2019 bottomline dropped 21.4% y-o-y in FY 2022-23 to USD 1.21 bn<\/span><span style=\"\">, <\/span><span style=\"\">the company said in its earnings <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.qatarairways.com\/press-releases\/en-WW\/227849-qatar-airways-group-reports-record-revenues-with-strong-profits-as-expansion-continues#\" style=\"\">release<\/a><\/span><span style=\"\">. The fall in net income came despite the airline\u2019s revenues rising 45% y-o-y during the period to hit a record USD 21 bn, driven by strong demand on the back of the FIFA World Cup in 2022, according to the earnings release. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">The breakdown: <\/span><span style=\"\">The group\u2019s passenger revenues saw a 100% increase over the past year, with capacity rising 31% on the back of a 9% greater yield and an 80% load factor \u2014 surpassing the airline\u2019s previous records. The total number of passengers carried climbed 71% y-o-y to 31.7 mn <\/span><span style=\"\">pass<\/span><span style=\"\">engers.<\/span><span style=\"\">Qatar Executive \u2014 the airline\u2019s VIP charter jet division \u2014 witnessed high <\/span><span style=\"\">y-o-y<\/span><span style=\"font-weight:400;\"> growth driven by a spike in commercial sales revenues and the expansion of live flying hours.  The earnings release did not provide a breakdown of revenues and net income for the airline\u2019s cargo division. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">What they said:<\/span><span>\u201cThis year\u2019s strong financial results are attributed to the strong passenger demand recovery and the team\u2019s ability to cater to this demand, aided by our continuing network growth, market leadership, and the operational efficiencies delivered by our world beating team,\u201d <\/span><span>Qatar Airways Group CEO Akbar Al Baker said.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The record revenues came on the back of strong demand due to the FIFA World Cup in Qatar<\/p>\n","protected":false},"author":1,"featured_media":71947,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[175],"tags":[145,174,17,153],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-71946","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings-watch","tag-aviation","tag-earnings-watch","tag-enterprise-logistics","tag-qatar","wpautop","entry"],"acf":{"mongo_id":"d7af8ebd-2109-487f-8aef-c76d45de8523","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/7\/296.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Qatar Airways reports record revenues during FY 2022\/2023","related_issue":[71935],"teaser":"The record revenues came on the back of strong demand due to the FIFA World Cup in Qatar","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/7\/.93019791-96b5-4342-a7ac-0bfcefc2fed8.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Qatar Airways reports record revenues during FY 2022\/2023 - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/qatar-airways-reports-record-revenues-during-fy-2022-2023\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Qatar Airways reports record revenues during FY 2022\/2023\" \/>\n<meta property=\"og:description\" content=\"The record revenues came on the back of strong demand due to the FIFA World Cup in Qatar\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/qatar-airways-reports-record-revenues-during-fy-2022-2023\/\" \/>\n<meta property=\"og:site_name\" content=\"Logistics\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-10T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/296.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/qatar-airways-reports-record-revenues-during-fy-2022-2023\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/qatar-airways-reports-record-revenues-during-fy-2022-2023\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Qatar Airways reports record revenues during FY 2022\/2023\",\"datePublished\":\"2023-07-10T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/qatar-airways-reports-record-revenues-during-fy-2022-2023\/\"},\"wordCount\":211,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/qatar-airways-reports-record-revenues-during-fy-2022-2023\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/296.jpg?fit=%2C&ssl=1\",\"keywords\":[\"AVIATION\",\"EARNINGS WATCH\",\"Enterprise Logistics\",\"Qatar\"],\"articleSection\":[\"Earnings Watch\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/qatar-airways-reports-record-revenues-during-fy-2022-2023\/\",\"url\":\"https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/qatar-airways-reports-record-revenues-during-fy-2022-2023\/\",\"name\":\"Qatar Airways reports record revenues during FY 2022\/2023 - Logistics\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/qatar-airways-reports-record-revenues-during-fy-2022-2023\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/qatar-airways-reports-record-revenues-during-fy-2022-2023\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/296.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2023-07-10T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/qatar-airways-reports-record-revenues-during-fy-2022-2023\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/qatar-airways-reports-record-revenues-during-fy-2022-2023\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/qatar-airways-reports-record-revenues-during-fy-2022-2023\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/296.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/296.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/qatar-airways-reports-record-revenues-during-fy-2022-2023\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/logistics\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Qatar Airways reports record revenues during FY 2022\/2023\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#website\",\"url\":\"https:\/\/enterpriseam.com\/logistics\/\",\"name\":\"Logistics\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/logistics\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#organization\",\"name\":\"Logistics\",\"url\":\"https:\/\/enterpriseam.com\/logistics\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/29618.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/29618.svg\",\"caption\":\"Logistics\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/logistics\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/logistics\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Qatar Airways reports record revenues during FY 2022\/2023 - Logistics","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/qatar-airways-reports-record-revenues-during-fy-2022-2023\/","og_locale":"en_US","og_type":"article","og_title":"Qatar Airways reports record revenues during FY 2022\/2023","og_description":"The record revenues came on the back of strong demand due to the FIFA World Cup in Qatar","og_url":"https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/qatar-airways-reports-record-revenues-during-fy-2022-2023\/","og_site_name":"Logistics","article_published_time":"2023-07-10T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/296.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/qatar-airways-reports-record-revenues-during-fy-2022-2023\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/qatar-airways-reports-record-revenues-during-fy-2022-2023\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/logistics\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Qatar Airways reports record revenues during FY 2022\/2023","datePublished":"2023-07-10T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/qatar-airways-reports-record-revenues-during-fy-2022-2023\/"},"wordCount":211,"publisher":{"@id":"https:\/\/enterpriseam.com\/logistics\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/qatar-airways-reports-record-revenues-during-fy-2022-2023\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/296.jpg?fit=%2C&ssl=1","keywords":["AVIATION","EARNINGS WATCH","Enterprise Logistics","Qatar"],"articleSection":["Earnings Watch"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/qatar-airways-reports-record-revenues-during-fy-2022-2023\/","url":"https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/qatar-airways-reports-record-revenues-during-fy-2022-2023\/","name":"Qatar Airways reports record revenues during FY 2022\/2023 - Logistics","isPartOf":{"@id":"https:\/\/enterpriseam.com\/logistics\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/qatar-airways-reports-record-revenues-during-fy-2022-2023\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/qatar-airways-reports-record-revenues-during-fy-2022-2023\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/296.jpg?fit=%2C&ssl=1","datePublished":"2023-07-10T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/qatar-airways-reports-record-revenues-during-fy-2022-2023\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/qatar-airways-reports-record-revenues-during-fy-2022-2023\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/qatar-airways-reports-record-revenues-during-fy-2022-2023\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/296.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/296.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/logistics\/2023\/07\/10\/qatar-airways-reports-record-revenues-during-fy-2022-2023\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/logistics\/"},{"@type":"ListItem","position":2,"name":"Qatar Airways reports record revenues during FY 2022\/2023"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/logistics\/#website","url":"https:\/\/enterpriseam.com\/logistics\/","name":"Logistics","description":"","publisher":{"@id":"https:\/\/enterpriseam.com\/logistics\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/logistics\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/logistics\/#organization","name":"Logistics","url":"https:\/\/enterpriseam.com\/logistics\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/logistics\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/29618.svg","contentUrl":"https:\/\/ent.news\/internal\/29618.svg","caption":"Logistics"},"image":{"@id":"https:\/\/enterpriseam.com\/logistics\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/logistics\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/logistics\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/296.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/296.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/logistics\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/296.jpg?fit=%2C&ssl=1","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/posts\/71946","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/comments?post=71946"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/posts\/71946\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/issue\/71935"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/media\/71947"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/media?parent=71946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/categories?post=71946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/tags?post=71946"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/brand?post=71946"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/logistics\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=71946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}