Dubai — Qatar Airways on Thursday posted its first annual profit since 2017 after years of losses blamed on a regional political dispute and the pandemic.
The airline, which only operates international flights, said it made a profit of 5.6-billion riyal ($1.5bn) in the year to March 31, compared with a year ago loss of 14.8-billion riyal.
It said revenue climbed 78% to 52.3-billion riyal as passenger traffic more than tripled to 18.5-million, which was still down from the year before the…