Qatar Airways Group has announced the strongest financial results in its history, posting a net profit of QAR 7.85 billion (US$2.15 billion) for the fiscal year 2024/25. This marks an increase of over QAR 1.7 billion (US$0.5 billion) compared to the previous year, underscoring the Group’s sustained growth across its business segments, including cargo, catering, and Qatar Duty Free.
Qatar Airways Cargo delivers best results since COVID period
Qatar Airways Cargo, the world’s leading cargo carrier, played a major role in the Group’s success, recording a 17% growth in revenue. The division delivered its best financial performance since the pandemic, driven by its ability to quickly adapt to shifting market dynamics, significant investment in digitalisation, data-driven decision-making, and a reputation for operational reliability.
Focus on people, partnerships and innovation
Commenting on the results, 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.”
He also highlighted the role of strategic partnerships in maintaining the Group’s agility amid global political, economic, and environmental challenges.
Key achievements during FY24/25
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28% year-on-year profit increase, marking the Group’s highest ever financial return.
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Expansion of Hamad International Airport, boosting capacity to 65 million passengers annually.
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World-first Starlink WiFi rollout on the Boeing 777 fleet – first airline globally and in MENA to implement the technology.
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Strategic investments, including a 25% stake in Virgin Australia and a 25% acquisition in South African regional airline, Airlink.
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Launch of Sama, the airline’s conversational AI-powered digital cabin crew.
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Multiple technical MoUs signed to future-proof the Group’s operations and support Qatar National Vision 2030.
Looking ahead: fleet modernisation and future growth
Qatar Airways has also secured historic aircraft and engine orders to ensure the continued modernisation of its fleet. These investments are part of the Group’s long-term strategy to remain at the forefront of global aviation, combining cutting-edge technology with exceptional passenger and cargo service.
With a continued focus on digital innovation, sustainability, and global partnerships, Qatar Airways Group is well-positioned for future expansion and resilience in a rapidly evolving market.