Qatar Airways Reports Record-Breaking Financial Results

Qatar Airways Group has announced its most successful financial year to date, with profits exceeding QAR7.85 billion ($2.15 billion), representing a 28 per cent increase compared to the previous year. This strong performance is attributed to the realisation of its ‘Qatar Airways 2.0’ strategy, which emphasises innovation and adaptability.

The group's cargo division notably achieved a 17 per cent revenue growth, marking its best financial results since the Covid-19 pandemic, driven by agility, digital investment, and reliable service.

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."

Achievements over the past financial year include expanding Hamad International Airport to accommodate 65 million passengers annually, introducing Starlink internet on its Boeing 777 fleet, taking minority stakes in Virgin Australia and Airlink, and implementing pioneering digital innovations such as conversational AI within its cabin crew. The airline’s recent aircraft and engine orders further ensure its fleet remains modern and technologically advanced, aligning with Qatar’s National Vision 2030.