Qatar Airways Group’s Profits Reach $2.15 Billion in 2024-25
Qatar Airways Group on Monday announced the strongest set of financial results in its history as its profits, which includes cargo, catering and Qatar Duty Free, reached $2.15 billion in the 24/25 fiscal year – an increase of more than $500 million on the year before.
Qatar Airways Cargo, the world’s leading cargo carrier, 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 CEO Badr Mohammed Al-Meer, said that these record-breaking results were 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 that were announced on Monday 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 said.
The company has 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.
“All of this means we continue to offer and develop exceptional service in the skies, whether it’s the award-winning Qsuite, fine dining, or super-fast complimentary Starlink internet connectivity for all passengers,” he added.
Key Achievements
Qatar Airways Group has reported a record-breaking 28% increase in profit in 24/25 financial year and the expansion of Hamad International Airport (HIA), enabled it to cater for 65 million passengers annually.
It was the first global airline, and first in MENA region, to install Starlink super-fast WiFi on its Boeing 777 fleet.
Qatar Airways Group has bought 25% minority stake in Virgin Australia and also 25% acquisition of South African premier regional airline, Airlink.
The Group also 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 were signed.
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.
Qatar Airways currently flies to over 170 destinations worldwide, connecting through its Doha hub, Hamad International Airport, the ‘Best Airport in the Middle East’ for 11 consecutive years, as well as ‘World’s Best Airport Shopping’ for the third year in a row, as voted by Skytrax. Hamad International Airport has previously been named the ‘World’s Best Airport’ by Skytrax in 2021, 2022, and 2024.
