Qatar Airways Named The CAPA Airline Of The Year

This award is given to the airline that has been the biggest standout strategically during the year, has had the greatest impact on the development of the airline industry, established itself as a leader, and provided a benchmark for others to follow. Qatar Airways Group CEO Akbar Al Baker accepted the award from CAPA Executive Chairman Peter Harbison. Qatar was selected for its innovative strategy in a dynamic region, becoming the first major Gulf carrier to join a global alliance. Over the last year Qatar has continued to make bold moves, acquiring an equity stake in LATAM and following up its earlier equity stake in IAG by pursuing a joint venture with British Airways. “Qatar Airways has been a standout with its ambitious growth and bold partnership strategy,” Mr Harbison said. “Qatar’s equity stake and tie up with IAG is a major strategic development, shaking up the industry and prompting others to relook at partnership options.” CAPA noted that Qatar also has continued to rapidly expand its network and fleet. It was the launch customer for the A350 and one of the first operators of the 787. Qatar’s expansion in the Asia Pacific region was recognised last year by CAPA with the 2015 Asia Pacific Airline of the Year award. Qatar has quadrupled in size over the last decade and is now profitable. Qatar has a fleet of almost 200 aircraft with nearly another 300 aircraft on order. It is also now among the world’s largest cargo airlines.