Category Archives: Qatar Airways

Qatar Airways loses $639 million in its fiscal year

Qatar Airways issues this financial statement for its fiscal year:

Qatar Airways has published its annual report for 2018-19, highlighting the airline group’s success and underlying robust financial health in the face of the continued illegal airspace blockade against the State of Qatar.

Overall revenue and other operating income grew by 14 per cent annually. Passenger revenue grew by 14.3 percent with capacity (Available Seat Kilometers) growth of 13.5 per cent. Cargo revenue witnessed growth of 16.8 per cent with cargo capacity (Available Tonne Kilometers) growing 11.8 per cent annually. Executive jet revenue also witnessed substantial growth of 18.4 per cent in comparison to previous year.

Qatar Airways Group Chief Executive, His Excellency Mr. Akbar Al Baker, said: “2018-19 was a year of achievement in the face of adversity for Qatar Airways. Despite facing challenges that are unparalleled in the airline industry, I am very proud that we have grown our fleet, expanded our network and seen overall revenue increase to QAR 48 billion (USD $13.2 billion), a rise of 14%. Passenger numbers are up, capacity as measured by available seat kilometres has risen and our Cargo business is now the largest in the world.

“2018-19 was nonetheless a challenging year and while it is disappointing that Group has registered a net loss of QAR 2.3 billion (USD $639 million) – attributable to the loss of mature routes, higher fuel costs and foreign exchange fluctuations – the underlying fundamentals of our business remain extremely robust.

“Our success is due to an unwavering belief in our strategy to give our passengers the very best, backed by the perseverance and hard work of our staff. I look forward to 2019-2020 with optimism and confidence that our growth will continue and we will serve even more countries around the world.”

The airline launched 11 new destinations during the fiscal year 2019 and has now added a total of 31 (as at 1 September 2019) since the start of the illegal blockade, growing its network to over 160 gateways around the world.

The airline’s fleet grew by 25 aircraft to a point where it welcomed its 250th aircraft in March 2019. With more than 300 aircraft worth more than USD 85 billion on order (including options and Letters of Intent) the group has the capacity to continue its ambitious but sustainable network expansion strategy.

During the financial year, the Group further built its investment portfolio by acquiring five percent of the total issued share capital of China Southern Airlines. This shareholding sits alongside its existing holdings in airlines such as Air Italy, Cathay Pacific, IAG, JetSuite and LATAM.

Overall, QR Group invested QAR 16.1 billion (USD 4.4 billion) in acquisition of aircraft and other assets as well as acquisition of shares of international airlines during the year.

2018-19 was also a year where the airline won dozens of awards, including the ‘Skytrax ‘World’s Best Business Class’ and ‘Best Airline In The Middle East’, Trip Advisor’s ‘World’s Best Business Class’ and Business Travellers’ ‘Best Long-Haul Airline’, ‘Best Business Class’, among many others.

Qatar Airways Group’s sponsorship with FIFA remained the core of its sponsorship portfolio and 2018 produced the undoubted highlight of the sporting calendar at the FIFA World Cup in Russia. Alongside the addition of multi-year partnerships with Bayern München AG, AS Roma, Boca Juniors and the Brooklyn Nets, sports sponsorships remain a key pillar to augment the airline’s commitment to bring people and communities together from across the globe.

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Qatar Airways to fly to Osaka, Japan

Qatar Airways has announced services to Osaka, Japan starting from April 6, 2020. The second largest metropolitan area of Japan, Osaka will be the airline’s third gateway into the country. Qatar Airways began direct services to Tokyo Narita in 2010 and launched its Tokyo Haneda service in 2014 from Doha’s Hamad International Airport (HIA).

The flight will be operated by an Airbus A350-900 aircraft, featuring 36 seats in Business Class and 247 seats in Economy Class. The operation will initially begin with a five times weekly service, increasing to a daily service from June 23, 2020.

Flight schedule:

Sunday, Monday, Wednesday, Friday, Saturday (Tuesday and Thursday added from 23 June 2020)

Doha-Osaka
QR802: Departs DOH 02:10hrs, Arrives KIX 17:50hrs

Osaka-Doha
QR803: Departs KIX 23:30hrs, Arrives DOH 04:50hrs

Qatar Airways to fly to Luanda, Angola

Qatar Airways has announced the launch of its new service to Luanda, Angola, starting in March 2020.

The service, which operates up to five-times weekly to the capital and largest city of Angola will be operated by a Boeing 787 Dreamliner aircraft, featuring 22 seats in Business Class and 232 seats in Economy Class, and is the award-winning airline’s first gateway to the African nation.

Qatar Airways currently operates a modern fleet of more than 250 aircraft via its hub, Hamad International Airport (HIA) to more than 160 destinations worldwide.

The national carrier for the State of Qatar has recently launched an array of exciting new destinations, including Rabat, Morocco; Izmir, Turkey; Malta; Davao, Philippines; Lisbon, Portugal; and Mogadishu, Somalia. The airline will add Langkawi, Malaysia, and Gaborone, Botswana, to its extensive route network in October 2019.

Qatar Airways aircraft photo gallery:

Qatar Airways brings its Qsuite to Philadelphia

Qatar Airways made this announcement:

Qatar Airways is thrilled to announce its award-winning Qsuite is debuting in “The City of Brotherly Love” for passengers flying out of Philadelphia International Airport. Departing for the first time on September 3, 2019, the acclaimed Business Class product will operate daily for those who wish to experience a new level of luxury and innovation. Philadelphia is the eighth gateway in the U.S. to operate the “First in Business” product.

Launched in 2014, the Philadelphia to Doha route has greatly expanded connectivity to India, the Middle East, East Asia and Australia via Qatar Airways’ state-of-the-art hub Hamad International Airport (HIA). Qatar Airways recommends travelers from the city explore diverse destinations around the world with seamless connections to exhilarating destinations such as Mumbai, India; Singapore; Sydney, Australia; Bangkok, Thailand and Kuala Lumpur, Malaysia.

Qatar Airways proudly launched Qsuite at ITB Berlin in March 2017 to outstanding global acclaim, and has set a new standard for luxury travel with this innovative product. The first of its kind, the Qsuite features double beds within customizable private cabins for up to four people, allowing passengers to create spaces of togetherness or individual privacy. In addition, sliding doors and dine-on-demand further permit an experience tailored to the passenger’s needs, as they are attended to per their request and not a predetermined schedule. Effortlessly wrapped into one product, these features guarantee an environment that is unlike those on any other airline. The journey does not begin upon arrival at the destination, but upon departure.

Photo: Qatar Airways.

Qatar Airways aircraft photo gallery:

 

Qatar Airways to launch new service to Langkawi, Malaysia

Qatar Airways has announced new flights to Langkawi, Malaysia.

The announcement was made at a press conference which was attended by Qatari Ambassador to Malaysia, His Excellency Mr. Fahad Mohammed Kafoud, Chief Minister of the State of Kedah, Dato’ Seri Mukhriz Tun Mahathir and Chief Executive Officer of Langkawi Development Authority (LADA), Dr. Hezri Bin Adnan (below).

The new service to Langkawi, starting October 15, 2019, is part of the airline’s strong expansion plans in Southeast Asia and marks Qatar Airways’ third destination in Malaysia after Kuala Lumpur and Penang.

Qatar Airways will initially start with four-times weekly Langkawi tag services via Penang with an increase up to five-times weekly services from October 27, 2019 on its state-of-the-art Boeing 787 Dreamliner aircraft, featuring 22 seats in Business class and 232 seats in Economy class, with spacious cabins and specially-designed interiors.

Qatar Airways aircraft photo gallery:

Qatar Airways to launch direct flights to Gaborone, Botswana from October 27, 2019

Qatar Airways is pleased to announce the launch of its new service to Gaborone, Botswana, starting October 27, 2019. The capital and largest city of Botswana will be the airline’s first destination in the African country.

The three-times weekly flights will be operated by an Airbus A350-900 aircraft, featuring 36 seats in Business Class and 247 seats in Economy Class.

Gaborone is the capital and the largest city in Botswana, a landlocked country in Southern Africa, bounded by Namibia, Zambia, Zimbabwe and South Africa. The nation’s vast nature and wildlife have made it a renowned destination for adventurous tourists from across the globe.

Flight schedule

(Sunday, Wednesday, Friday)

Doha-Johannesburg
QR1377: Departs DOH 06:55hrs, Arrives JNB 14:50hrs

Johannesburg-Gaborone
QR1377: Departs JNB 15:55hrs, Arrives GBE 16:50hrs

Gaborone-Johannesburg
QR1378: Departs GBE 18:35hrs, Arrives JNB 19:30hrs

Johannesburg-Doha
QR1378: Departs JNB 20:40hrs, Arrives DOH 06:35hrs+1

Boeing, Qatar Airways announce new commitment for five 777 freighters

Qatar Airways, one of the world’s leading air cargo carriers, announced a commitment today to purchase five additional 777 Freighters from Boeing [NYSE: BA]. The deal, valued at $1.8 billion at list prices, was unveiled at the Paris Air Show and signed in the presence of His Excellency Jassim Saif Ahmed Al-Sulaiti, Qatari Minister of Transport and Communications.

When the purchase is finalized, it will be posted to Boeing’s Orders and Deliveries website.

Qatar Airways has rapidly grown its air cargo operations to serve more than 60 global destinations, becoming one of the top international air freight operators in the world. The latest freighter deal builds on the airline’s 777 Freighter order book as the airplane has become the backbone of Qatar Airways freighter fleet. It currently operates 23 freighters, including 16 Boeing 777 Freighters.

Image: Boeing.