The Qatar Airways Group\u2019s strategic investment in the world\u2019s most technologically-advanced aircraft has helped the airline to maintain agility when responding to opportunities and challenges.
\nThe 2023\/24 financial year saw Qatar Airways Group continue to hold a significant portfolio of investments in leading global airlines.
\nOverall the market values of our investments increased during the year as these airlines continued to recover from the COVID-19 pandemic and delivered strong performances in their respective markets. The Group also received dividend inflows from these investments throughout the year, noted Qatar Airways Group annual report for the financial year 2023\/24.
\nLooking forward to the coming year, \u201cQatar Airways Group is confident these investments will continue to support Qatar Airways\u2019 ongoing growth and contribute towards its long-term sustainability objectives, which are in-line with Qatar\u2019s 2030 vision of sustainable development,\u201d the report said.
\nAs at 31 March 2024, the Group\u2019s core investment portfolio was comprised of International Airlines Group (IAG) – 25.1 percent, LATAM Airlines Group \u2013 10 percent, Cathay Pacific Airways Ltd – 9.99 percent, and China Southern Airlines – 3.38 \u00a0percent.
\nIAG is an Anglo-Spanish multinational airline holding company registered in Spain, which includes some of Europe\u2019s biggest aviation brands, including British Airways, Iberia, Aer Lingus, Vueling and LEVEL.
\nIn July 2023, Qatar Airways Group expanded its valued partnership with IAG, joining British Airways and Iberia to create the world\u2019s largest airline joint business covering 60 countries.
\nLATAM is Latin America\u2019s leading airline group, with a presence in five domestic markets in South America, including Brazil, Chile, Colombia, Ecuador and Peru, along with international operations within Latin America, and to destinations further afield.
\nCathay Pacific is an international airline based in Hong Kong operating scheduled passenger and cargo services to destinations in Asia, North America, Australasia, Europe and Africa.
\nChina Southern is the largest airline in the People\u2019s Republic of China with both domestic and international operations.
\nQatar Airways Group continued to grow its network and show great adaptability throughout the 2023\/2024 financial year.
\nThe national carrier of the State of Qatar maintained high levels of trust, reliability and confidence with passengers through seamless connectivity to more than 170 destinations worldwide.
\nDuring the 2023\/24 fiscal year, Qatar Airways announced a key upgrade to the fleet offering with the redesign of its premium Qsuite Business Class, which redefined industry norms when it was first launched in 2017.
\nIn addition to the Qsuite redesign, Qatar Airways Group also revealed plans for a unique and newly-designed First Class cabin on some of its fleet, combining the experience of flying commercial and executive jets for the first time in the airline\u2019s history.- The Peninsula Qatar<\/p>\n","protected":false},"excerpt":{"rendered":"
The Qatar Airways Group\u2019s strategic investment in the world\u2019s most technologically-advanced aircraft has helped the airline to maintain agility when responding to opportunities and challenges. The 2023\/24 financial year saw Qatar Airways Group continue to hold a significant portfolio of investments in leading global airlines. Overall the market values of our investments increased during the …<\/p>\n","protected":false},"author":1,"featured_media":15706,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpscppro_dont_share_socialmedia":null,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"default","_twitter_share_type":"default","_linkedin_share_type":"default","_pinterest_share_type":"default","_linkedin_share_type_page":"","_instagram_share_type":"default","_medium_share_type":"","_threads_share_type":"","_google_business_share_type":"","_selected_social_profile":null,"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[98,102],"tags":[],"class_list":["post-15705","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-companies","category-featured-en"],"yoast_head":"\n