Qatar Airways Group has announced its most impressive financial results ever, marking a historic milestone.
For the 2024/25 fiscal year, the Group, which includes its cargo, catering, and Qatar Duty Free divisions, reported profits of QAR7.85 billion (approximately US$2.15 billion).
This represents a significant increase of over QAR1.7 billion (US$0.5 billion) compared to the previous year. It showcases the Group’s global strength and strategic vision.
Qatar Airways Record FY2024/25
Performance Driven by Qatar Airways Cargo
A key driver of this success is Qatar Airways Cargo, the world’s leading air cargo carrier. The division achieved a remarkable 17% revenue growth.
It delivered the cargo division’s strongest financial performance since the COVID-19 period. This success stems from its ability to adapt swiftly to changing market demands. This was set alongside investments in digitalization and data-driven decision-making.
The cargo arm’s commitment to reliability and innovation has solidified its position as an industry leader, contributing significantly to the Group’s overall profitability.
Workforce and Strategy Driving Success
Engr. Badr Mohammed Al-Meer, Chief Executive Officer of Qatar Airways Group, credited the record-breaking results to the dedication of the Group’s 55,000-strong global workforce.
“These outstanding achievements reflect the hard work, skill, and commitment of our teams,” he said. “Our people are at the heart of our success, and our Qatar Airways 2.0 strategy focuses on nurturing their talent to drive excellence.”
The Group actively maintains agility amid global challenges—political, economic, or environmental—by forging strategic industry partnerships.
These collaborations have enabled Qatar Airways to maintain flexibility and deliver exceptional service to passengers worldwide.
From the award-winning Qsuite to gourmet dining and complimentary Starlink WiFi, the airline continues to set the standard for in-flight experiences.
Key Milestones of 2024/25
Qatar Airways Group achieved several notable accomplishments this fiscal year, including:
- A 28% surge in profits, setting a new benchmark for financial performance.
- Expansion of Hamad International Airport, now capable of handling 65 million passengers annually.
- Becoming the first global airline and the first in the MENA region to equip its Boeing 777 fleet with Starlink’s high-speed WiFi.
- Acquiring a 25% stake in Virgin Australia and a 25% share in South Africa’s premier regional airline, Airlink.
- Introducing conversational AI to its groundbreaking digital cabin crew, Sama.
- Signing technical Memorandums of Understanding (MoUs) to diversify and future-proof the business while supporting the Qatar National Vision 2030.
A Vision for the Future
Looking ahead, Qatar Airways is investing in its future with historic aircraft and engine orders. These investments ensure that its modern, technologically advanced fleet remains at the forefront of commercial aviation.
By prioritizing innovation and passenger experience, the airline is well-positioned to continue delivering world-class service across its global network.
Qatar Airways Group’s record-breaking year underscores its ability to adapt, innovate, and lead in a competitive industry.
With a focus on its people, strategic partnerships, and cutting-edge technology, the Group is poised for continued success while shaping the future of aviation.
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