Qatar Airways Quadruples Profit on Lower Fuel Costs

Qatar Airways Quadruples Profit on Lower Fuel Costs

Assessment

Interactive Video

Business, Architecture

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses Qatar Airways' successful year, highlighting their quadrupled net profit due to lower fuel prices and fleet expansion. However, the drop in fuel prices also poses challenges as it affects travel demand from the oil and gas sector. Qatar Airways is not opting for premium economy but is enhancing its business class. The video also covers the air show, noting a slowdown in orders but increased demand from Asia, driven by a growing middle class. Key challenges for manufacturers include maintaining production pace.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a significant factor contributing to Qatar Airways' best financial year on record?

Introduction of premium economy class

Increase in ticket prices

Drop in fuel prices

Reduction in staff

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a major challenge for Qatar Airways due to reduced fuel prices?

Decreased demand for cargo services

Higher maintenance costs

Fewer executives traveling from the oil and gas industry

Increased competition from low-cost airlines

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is Qatar Airways planning to address the challenge of reduced demand from the oil and gas sector?

Introducing premium economy class

Launching a new business class seat

Reducing ticket prices

Expanding into new markets

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is driving the demand for aircraft in Asia?

Growth in the middle class

Decrease in travel restrictions

Expansion of airport infrastructure

Increase in tourism

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a current challenge for aircraft manufacturers?

Decreasing interest in air travel

Lack of technological advancements

Rising labor costs

Keeping up with production levels