In efforts to strengthen its presence in the African markets and continent, Qatar Airways is in talks to acquire a 20% stake in South African Airlink. The companies have not yet commented on the matter, as the agreements have not yet reached a conclusion, according to sources familiar with the matter. Recall the...
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Qatar Airways posts net profit of $1.2 billion in 2022/23
Qatar Airways Group recorded a net profit of 1.2 billion dollars in fiscal year 2022/23. In a statement released today, the group revealed that passenger revenue increased by 100% compared to last year, with an increase in capacity of 31%, driven by 9% higher yields and a...