Qatar Airways Group investment portfolio supports long-term sustainability
The Peninsula
Doha, Qatar: The Qatar Airways Group s strategic investment in the world s most technologically advanced aircraft has helped the airline to maintain a...
Doha, Qatar: The Qatar Airways Group’s strategic investment in the world’s 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 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.
Looking forward to the coming year, “Qatar Airways Group is confident these investments will continue to support Qatar Airways’ ongoing growth and contribute towards its long-term sustainability objectives, which are in-line with Qatar’s 2030 vision of sustainable development,” the report said.
As at 31 March 2024, the Group’s core investment portfolio was comprised of International Airlines Group (IAG) - 25.1 percent, LATAM Airlines Group – 10 percent, Cathay Pacific Airways Ltd - 9.99 percent, and China Southern Airlines - 3.38 percent.
