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QE achieves 49% increase in sales revenue

QE achieves 49% increase in sales revenue By A Robin - August 06, 2023
Qatar Executive

Qatar Executive

Qatar Executive (QE), the VIP charter jet division of Qatar Airways, has achieved a significant Year-Over-Year (YOY) growth, resulting in a remarkable 49% increase in commercial sales revenue and a notable 22% rise in live flying hours.

According to Qatar Airways Group annual report for the fiscal year 2022/2023, the said percentage is because all throughout 2022, “QE strategically increased its overall market share by focusing on becoming the definitive business jet provider of ultra long-range flights.”

This strategy resulted in significant growth across Europe, the USA, and Asia, expanding QE’s client base across the globe.

“By December 2022, Qatar Executive grew its fleet by 25% YOY, with the addition of three more Gulfstream G650ERs, and the aircraft type now represents 15 of the 19 strong fleet.”

This milestone has positioned QE as the largest owner and sole commercial operator of the G650ER globally. The Gulfstream G650ER boasts a state-of-the-art BR725 Rolls-Royce engine, setting unprecedented records in speed and range while maintaining exceptional fuel efficiency.

 

By A Robin - August 06, 2023

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