Qatar Airways released financial data covering the past ten years in response to accusations by the United States' three largest airlines - American, United and Delta - that it is unfairly state-subsidised.
The response, a document titled Qatar Airways Open Skies Submissions, stated that the airlines net income last year was $73,197,000 (Dh269 million), an increase of 60 per cent on the $45,494,000 net income in 2013.
The document is the first time the state-owned airline has released its financial data, however, Group Chief Executive Akbar Al Bakar has stated in the past the Doha-based carrier is profitable.
Will Horton, senior analyst at CAPA - Centre for Aviation, told Gulf News by email Qatar Airways' critics will be quick to dismiss the numbers. "Given how coy they [Qatar Airways] have been about profit, it is surprising to see a financial history, albeit limited and unaudited," he said. Earlier this year, Al Baker told the Wall Street Journal the airline made $103 million profit in 2014.