Qatar Airways sees cargo revenues rise as the overall group reports a loss

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Qatar Cargo shone brightly over the last 12 months. A 6.8% upturn in volumes led to it becoming the second largest cargo carrier in the world, according to Air Cargo News. And while the airline itself reported a loss, cargo revenues surged nearly 17%, on the back of a notable fleet expansion. Over the 2018-2019 financial year, it added three new 777 freighters, and by the end of this year will welcome a further five to increase its all-cargo line-up to 28 aircraft. The fleet will comprise 21 777Fs, two 747-8Fs, and five A330Fs.