Qatar Airways has yet to pass sharply higher jet fuel costs on to passengers, despite prices rising by around 90% since the beginning of the year, Qatar Airways Group CEO Hamad Ali Al-Khater said.
Speaking to Bloomberg TV during the Qatar Economic Forum in New York, Al-Khater said jet fuel was trading at about $182 per barrel, representing an increase of roughly 90% from February 28, 2026, when the Iran-US conflict began.
He said Qatar Airways has an integrated team focused on fuel optimisation and efficiency, allowing the airline to manage the increase without currently transferring the additional cost to customers.
Al-Khater said the carrier is also reviewing its capacity strategy based on route profitability. Routes generating stronger returns are being expanded, while less profitable services are being suspended or temporarily paused until demand improves.
According to Al-Khater, the approach enables Qatar Airways to retain valuable airport slots and maintain its loyal customer base. He added that travel demand remains resilient despite ongoing geopolitical uncertainty.
Passenger booking patterns have changed, however. Around 75% of Qatar Airways customers are now booking their flights within 60 days of travel, Al-Khater said.
“Passengers are booking later, but demand is still pretty strong,” he said, adding that the airline plans to expand its network to more than 170 destinations.
Reflecting on the regional crisis that emerged only months after he became Group CEO in December 2025, Al-Khater described it as the largest crisis in Qatar Airways’ history. He said managing geopolitical disruption is a regular challenge for the airline.
He also acknowledged the personal difficulty of navigating the crisis, while stressing that passenger and employee safety remained his primary concern. Al-Khater said he was proud of the team’s response to the challenges.
Source: The Peninsula