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Qatar Airways reports record profits

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Qatar Airways Group reported record profits during its most recent fiscal year.

Profits were $1.7 billion on revenue of roughly $22 billion.

Qatar Airways Group Chair Saad Bin Sharida Al-Kaabi said the financial results show "flexibility and resilience in successfully navigating a constantly evolving global travel industry, and indicates a strong and sustained rebound from the challenges faced by the sector in recent years."

Read more from Quartz.

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