Loading
6-May-2010 11:25 AM

Qatar Airways targetting 40% increase in revenue in 2010 on 30% capacity increase

Qatar Airways CEO, Akbar Al Baker, announced the carrier is targeting a 40% revenue increase on a 30% increase in capacity in FY2010/11, ending 31-Mar-2011, (Emirates Business 24/7, 06-May-2010). Mr Al Baker added the carrier has “always” generated a profit at the operating level.

Qatar Airways:We are targeting a 40% increase in revenues for this year, which is slightly over the increase in the airline's capacity of around 30%. On an operating level, we have always been making a profit. We have never been in the red. We are a profitable airline,” Akbar Al Baker, CEO. Source: Emirates Business 24/7, 06-May-2010.

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More