Qatar Airways Group has announced the strongest set of financial results in its history. Profits for the Group, which includes cargo, catering and Qatar Duty Free, reached QAR7.85bn (US$2.15bn) in the 24/25 fiscal year – an increase of more than QAR1.7bn (US$0.5bn) on the year before.
Qatar Airways Cargo has delivered a remarkable financial performance, recording a 17% growth in revenue and achieving the best financial results since the COVID period. This is attributed to its agility in adapting to shifting market conditions, a focus on investing in digitalisation, deeper data-driven analyses, and its best-in-class reliability.
Qatar Airways Group Chief Executive Officer, Engr. Badr Mohammed Al-Meer, said: “These record-breaking results are a testament to the hard work, skill and dedication of teams across all of Qatar Airways Group. I know that none of the outstanding results we’re announcing today would be possible without our people – more than 55,000 of them across the globe - and it’s our focus on fostering that talent, which has been a core focus of our Qatar Airways 2.0 strategy.
“We have also successfully implemented strategic partnerships throughout the industry, in order for the Group to remain agile in the face of ever-shifting world events, whether political, economic or environmental.
Looking ahead, Qatar Airways also recently made historic aircraft and engine orders, ensuring that its already modern and technologically-advanced fleet remains at the forefront of commercial aviation, providing world-leading service to passengers across the globe.
