DOHA, May 19 (Reuters) - Qatar Airways posted a 28% jump
in annual net profit to a record 7.8 billion Qatari riyals ($2.1
billion), according to a preliminary statement issued by the
airline on Monday.
"We have also successfully implemented strategic
partnerships throughout the industry, in order for the Group to
remain agile in the face of ever-shifting world events, whether
political, economic or environmental," CEO Badr Mohammed Al-Meer
was quoted as saying in a statement from the airline.
The government-owned airline's revenue and passenger data
from the last year were not yet available. The airline's
complete annual report was expected to be published on Monday
morning.
In the last year, Qatar Airways, seeking to boost passenger
numbers and connectivity, bought a 25% stake in Virgin Australia
and a 25% stake in South Africa-based regional carrier Airlink.
The airline placed a firm order last week for 160 Boeing
777X and 787 planes with GE Aerospace engines worth $96 billion,
the largest widebody deal ever for the companies. Qatar Airways
has options to buy 50 more of the Boeing ( BA ) jetliners.
The airline's Chief Commercial Officer Thierry Antinori told
Reuters in March that the Qatari airline had seen above-market
growth in passenger numbers from April 2024 until January this
year, up 9% throughout its network, up 14% in Europe and up 12%
in Germany.