PPRuNe Forums - View Single Post - Cargolux details requested!
View Single Post
Old 26th Oct 2012, 09:43
  #933 (permalink)  
Tank2Engine
 
Join Date: Nov 2008
Location: A parallel universe.
Posts: 114
Likes: 0
Received 0 Likes on 0 Posts
Not recent but still interesting: Cargo expansion for Qatar Airways - The National
It's all widely known and and largely outdated blablabla about "it would make a very potent airline between us and them." In the mean time, 1,5 years down the road, the facts are telling a totally opposite story, perhaps that's the only interesting thing about it. Humorous however, is that as usual, "Mr al Baker declined to provide actual figures."

Here's another nice (and more recent) interview in which Mr. al Baker dodges the whole QR profitability issue.
So is it profitable? Well, Qatar Airways does not release its figures, though Al Baker has been quoted as saying...
Lot's of rumours and hearsay, but nothing official black on white in the form of an annual statement. So, before they have a go at the profitability of CV, I really wonder how much money does the QR cargo branch make or lose every month flying cargo at rock bottom rates in order to gain market share with brand new and expensive 777F's?
Tank2Engine is offline