News / Qatar Airways reveals financials in transparency bid 'to kill allegations of state subsidy'

Qatar Airways Group has released its financial results for the first time in a bid to stem growing criticism over its “lack of transparency” and accusations of state aid.

But despite releasing a 61-page statement of accounts, very few numbers for its cargo operations – or airline profit – were made available.

Cargo revenue came in at QAR5.6bn ($1.53bn), accounting for a significant 21% of the airline’s revenues. Total airline revenues  were QAR32.3bn.

Qatar Airways Group also owns Qatar Executive, a business jet company; Qatar Duty Free; Qatar Aviation Services; ...