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.
Russia has welcomed remarks by Ukrainian President Volodymyr Zelenskyy suggesting the U.S. is making security guarant...
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Russia has delivered a large shipment of humanitarian aid to Iran, as ongoing conflict damages health infrastructure and leaves civilians in urgent need of care.
Georgia’s political crisis is intensifying as Prime Minister Irakli Kobakhidze hardens his stance on protest-related arrests, insisting that detainees must show “repentance and confession” before any discussion of amnesty or pardon can begin.
Central Asia’s energy systems are becoming increasingly vulnerable as countries depend heavily on single power sources while facing mounting climate pressures, a new report by the Eurasian Development Bank (EDB) warns.
A marine drone struck a Turkish crude oil tanker that had departed Russia, causing an explosion in the Black Sea near Istanbul's Bosphorus strait on Thursday, Türkiye's transportation minister said.
Both the United States and Iran are giving conflicting messages about trying to end the conflict in the Middle East as the rest of the world battle with the consequences of the war. Welcome to AnewZ's coverage of the tensions in the Middle East.
Danish Prime Minister Mette Frederiksen resigned on Wednesday after her coalition suffered a heavy election defeat, triggering negotiations over who will form the next government.
Iran is not seeking war but will only accept a settlement that ensures a permanent end to the conflict, Foreign Minister Abbas Araghchi has said, as tensions between Iran, Israel and the United States continue to fuel fears of a wider regional escalation - latest on the Middle East conflict.
A drone has flown into Estonian airspace from Russia. It happened early on Wednesday morning and slammed into a chimney at a local power station, the Baltic country's Internal Security Service told public broadcaster ERR.
Iran has rejected a U.S. proposal to end the war, insisting any ceasefire will occur only on its own terms and timeline, according to a senior political-security official speaking to state-run Press TV on Wednesday.
Petrol price spikes triggered by the war in Iran are boosting used electric vehicle sales across Europe, online car platforms told Reuters, in an early sign that pain at the pump is pushing consumers away from combustion engines.
Meta Platforms is increasing compensation for top executives, including its first-ever offer of stock options, as it tries to fend off competition in the artificial intelligence (AI) race and incentivize leaders to stay with the company for several years.
The French government’s bid to suspend the marketplace of Chinese online retailer Shein in the country has been overruled by a Paris Court of Appeal.
The prevailing security situation in the region has done little to deter entrepreneurs from the Commonwealth of Independent States (CIS) who continue to view Dubai as a premier and safe location for business.
China has raised the retail prices of petrol and diesel after global oil prices climbed sharply. The country’s top economic planning body, the National Development and Reform Commission (NDRC), announced the move after reviewing international oil market trends.
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