The past couple of years have been the toughest in the history of the airline industry. As the world slowly starts to return to (a new) normal, we’re seeing many airlines once again return to profitability. However, Qatar Airways’ results are on a completely different level.
Continue reading: Qatar Airways Reports Record Profit Of $1.54 Billion, Highest In The Industry
Share your questions, experiences, and thoughts below.
Easy to make a "profit" when the government that owns you takes your major liabilities off your books. Qatar has and will forever lose money on every flight, and I for one am happy to suck up the largesse and enjoy my share of the subsidies - its not like Qatar and its royal family will do anything better with the money than give it to flyers, and they would probably otherwise do much worse with it.
Strongly disagree- I think United will emerge from Corona as the most-transformed/strongest airline, and is on track to be the greatest airline in world history.
United Airlines!!!! Seriously - one of the worst carriers on the planet - however congratulations to Qatar as they operated , as you say throughout the pandemic and the service I used was always top in every aspect
United is emerging as a much better airline than it ever has been, but it will continue to face challenges that are attributed to its network. The Newark hub is a gold mine but it is also a huge operational mess and will perpetually drag down the airline's performance. UA also competes with one or more US airline with a sizable presence in many of its hub markets, which will continue to exert pressure on yields. I think the airline that will emerge from the pandemic the most transformed and not in a good way is Delta.
Well done to Qatar. It is an airline that kept many countries (eg Australia) connected to the world when their own ‘national carrier’ abandoned citizens overseas for years.
Airlines that kept flying are highly profitable, whilst others that stopped can’t even pick up the phone within hours or deliver baggage on time
Well, that helps to explain why they no longer offer $2,500 RT C-class flights from the US to points in Africa. Qatar business class fares have sky rocketed and finding award space on them is a challenge too. I'm sure the upcoming World Cup has something to do with everything going on, but it will be interesting to see how they do next year without the World Cup boost.
Agree, but it's a systemwide effect. Pre-pandemic, they were usually the cheapest offer - now they are usually one of the most expensive ones ... This not only ex-US, but also from Europe or Asia-Pacific.
Hopefully they’ll release some award space. Been pretty slim for the next 6 months Jfk to doh and beyond.
Wow you can read the news. Everyone has internet and TV.
Qatar is doing so well that they don’t need to free up award space. American can service all of your reward space needs now with their recently launched JFK DOH service.
Earlier this month, they sent emails offering $3,000 RT C-class flights from the US to points in Africa and Asia. I guess like all major corporations their price-points account for current global inflation and high oil prices.
To all of you Qatar haters! Eat the facts! Now all you can say is you don't believe it. Cry me a river please. Despite Qatar's A350 issues they still come out on top! Keep making up reasons to hate them. Fact speak much louder than all of your senseless words.
Congratulations!
Their hard work and dedication of staff is appreciated.
Best Airlines…
The point about QR being able to secure favorable financing due to government ownership isn't really fair. US airlines weren't only supported by subsidies, they were bankrolled by loans provided by the federal government, and that financing (and the implicit government guarantee against liquidation) allowed them all to stay afloat until they were able to refinance those debts at illogically favorable rates on the bond markets during the period where the Fed had dropped the base rate to near zero and was pumping the market with tons of QE.
There's just no comparing different airlines across regions given such differing support they get in various forms.
I also attribute recent success to having non restrictive connections in Doha due to Covid. Can’t tell you how many flights I booked thru there because they didn’t require silly requirements to connect, like downloading apps, etc
A lesson for the careless American airlines that sell a bag of peanuts for at least 7 dollars.
QR ruined every other airline for me. The flight attendants introduce themselves, greet you by name, chat you up, explain the menu, make your bed. Even the lounge is ridiculous. It's crazy the amount of attendants at the Al Mourjan Business Lounge. There's one assigned to the bathrooms, showers, lockers, someone is standing there to help you every 100ft. And this was during the pandemic with DOH a ghost town. Any Asian destination, it's QR for me.
I used to travel on Emirates only but when Covid started in East Africa.
I was sitting at the airport and I was informed that Emirates cancelled its flight and we all passengers were dumped there without any choice.
It was Qatar air the only carrier which was operating.
From that day I Salute Qatar air for there service.
It is almost more than 2 years me my family we only use to fly on Qatar air.
I pray for there success in future.
Very nice air port and inflight services.
No air line can beat or compete with their sincerity.
I wonder what QR pays for fuel at their home base ?:). Maybe just maybe that’s why they made 1.5 billion !
BUSINESS CLASS FARE IS TOO MUCH.CONCESSATION MAY BE GIVEN TO SENIOR CITIZEN TRAVELLING.
@Ben, What you have not taken into account is that part of the Qatar Airways Group is a VERY IMPORTANT SBU called QDC which is the company with the SOLE RIGHTS to import and wholesale PORK and ALCHOHOL to the ENTIRE COUNTRY. That's right, they have a COUNTRY WIDE MONOPOLY on the sale of pork and booze. Pretty hard not to do well with that advantage!
Yes, I imagine the market for pork and alcohol must be absolutely huge down there in Qatar(!) Must be raking in trillions of $$$$$ from the millions of bacon-munching, beer-swilling Qataris and all their guests(!!) Yup, that's the reason for QR's profit.
I guess this will have carriers globally scratching their heads and wondering. "It wasn't supposed to be like this" they must be saying. A carrier that actually delivers arguably the world's best inflight product, offers a good balance within programs for redemptions, treats loyalty well, trains it's staff well, innovates constantly where the customer is involved, operates a world class hub with exceptional lounges, and manages its operations well. Hmm. All the other airlines? "We thought by lowering ourselves to the level of Greyhound we could please stockholders...isn't that all that matters?" I guess not. In the end, QR proves that everyone can win actually.
I easily booked last minute three weeks ago and got Qatar F from CDG-BKK via Doha for 90K AA. It's out there, you just have to dig and be flexible. But really, that's everyone.
Laughing at this knowing well the little refrigerator closets hidden at the stores that sell Pork in the ME. Never anyone in them and it's the size of your home closet. Yeah, I'm sure huge demand for pork and alcohol by the maybe 10% there that consume either is massive and raking in outrageous profits for QR.
You mean the closet that W. was looking for that is hiding WMDs?
LOL, so W. was actually looking for his breakfast, bacons and mimosas.
I guess you've never looked at the demographic make up of expats living and working in Qatar...
Are you SERIOUSLY claiming that expats alone made QR's profits simply by consuming biblical amounts of bacon & beer during covid?
Don't bother waiting for Reuters or Bloomberg to return your calls. You'll never get that market analyst gig. But hey, Enron may be looking...
They were the only airline during the pandemic flying to certain locations, they got organised quickly and helped many people return home . The world remembers thigs like this