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Qatar / General

QE achieves 49% increase in sales revenue

Published: 01 Aug 2023 - 08:08 am | Last Updated: 01 Aug 2023 - 08:10 am
Peninsula

Joelyn Baluyut | The Peninsula

Doha, Qatar: 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.

Furthermore, its ability to operate using 100% Sustainable Aviation Fuel (SAF) contributes significantly to sustainable business aviation practices.

As part of its commitment to passenger safety and comfort, QE introduced a new Air Ionisation System on the G650ER aircraft. “The active system, is proficient in eliminating potentially harmful pathogens and allergens, including bacteria, viruses, and mould spores.” Such meticulous on-board safety measures further enhance the unparalleled private jet experience provided by Qatar Executive.

The FIFA World Cup Qatar 2022 presented a significant opportunity for Qatar Executive to showcase its capabilities.

In preparation for the global event, QE underwent a terminal renewal in Doha, revitalising its Fixed Base Operator (FBO) and ensuring customers experienced a seamless journey both on the ground and on board. Upgrades to F&B and baggage handling services, additional staff training, and on-site facility renovations were implemented to elevate the overall passenger experience.

Since its establishment in 2009, Qatar Executive has played a pivotal role in Qatar Airways’ robust global growth strategy. Operating out of Doha International Airport (DIA) and boasting premium terminal and hangarage facilities in Hamad International Airport, QE offers luxury VIP jet charter services worldwide.

“The QE fleet is made up of 15 Gulfstream G650ER’s, two A319 aircraft, one of which is set up with a VIP ambulance layout, the other with a VIP passenger layout, along with two Bombardier Global 5000s. Qatar Executive’s service portfolio also includes VIP aircraft management, maintenance support, and Fixed Based Operation travel services,” it concluded.