Qatar Airways has achieved its highest-ever annual profit of $2.15 billion, driven by record passenger numbers as global aviation continues to recover from the pandemic.
Qatar Airways Group announced a record $2.15 billion profit for the latest fiscal year, marking its highest earnings to date. The state-owned airline also reported a revenue increase to $23.4 billion up from $22.1 billion the previous year.
Passenger numbers surged to 43.1 million, an increase from 40 million in the prior fiscal year, bolstered by Qatar's role as the host of the 2022 FIFA World Cup. The airline operates a fleet of over 230 aircraft, comprising both Airbus and Boeing models.
Group CEO Badr Mohammed al-Meer credited the record-breaking results to the dedication and expertise of the team. The broader Qatar Airways Group, encompassing its cargo services, airport operations, and duty-free services, has become a key player in global aviation, alongside regional competitors Emirates and Abu Dhabi-based Etihad Airways.
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Serbia's parliament passed a law on Friday designed to accelerate the development of a luxury complex in Belgrade, leased to an investment company founded by Jared Kushner, U.S. President Donald Trump's son-in-law.
Azerbaijan has no plans to deploy peacekeepers to Gaza unless there is a complete cessation of hostilities between Israel and Hamas, an Azerbaijani Foreign Ministry official told Reuters on Friday.
German Defence Minister Boris Pistorius on Friday suggested a potential link between recent drone incidents in Belgium and discussions surrounding the use of frozen Russian assets, held by Belgian financial institution Euroclear, to fund a substantial loan to Ukraine.
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Israel launched airstrikes on southern Lebanon after ordering evacuations, accusing Hezbollah of rebuilding its forces despite a year-old ceasefire, as Lebanon and the United Nations warned of renewed border tensions.
U.S. Senate Republicans have blocked a resolution that would have barred President Donald Trump from launching military action against Venezuela without congressional approval, despite growing concern over recent U.S. strikes in the southern Caribbean.
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