Qatar Airways reports profits up 21.7% in FY2017

Credit: Rob Finlayson
Qatar Airways reported a net profit of QAR1.97 billion ($540 million), for the 2016-17 financial year, up 21.7% compared to net profit of QAR1.62 billion in FY2016 . Profit margin was 5%, compared to the previous year’s figure of 4.5%. The Gulf carrier achieved the result on revenues of QAR39.4...

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