DALLAS — Qatar Airways Group (QR) has announced the strongest financial results in its history. Profits for the Group 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.
The Group includes passenger, cargo, catering, and Qatar Duty Free.
Qatar Airways Cargo delivered 17% growth in revenue, achieving the best financial results since the COVID period. The Group attributes this to agility in adapting to shifting market conditions, a focus on investing in digitalization, 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.”
Key Achievements
Key achievements of Qatar Airways Group over the last financial year include:
- Record-breaking 28% increase in profit in the 24/25 financial year.
- The expansion of Hamad International Airport (DOH) enables it to cater to 65 million passengers annually.
- First global airline, and first in the MENA region, to install Starlink super-fast WiFi on its Boeing 777 fleet.
- 25% minority stake in Virgin Australia (VA).
- 25% acquisition of South African premier regional airline, Airlink.
- Introduction of conversational AI into its world-first digital cabin crew, Sama.
- A range of technical MoUs, future-proofing and diversifying the business across the sector, as well as working to fulfil the ambitions of the Qatar National Vision 2030.
Future Looking
The Group also notes that it recently made aircraft and engine orders, ensuring that its fleet remains at the forefront of commercial aviation, providing world-leading service to passengers across the globe.
The Annual Report and Consolidated Financial Statements 2025 can be found here.