Qatar Airways Group has set the strongest financial results in the carrier’s history for the 2024-25 fiscal year, achieving a record-breaking USD$1.15 billion (around AUD$3.3 billion) in profit, up USD$500 million and 28 per cent on last year.
The Group credits the renewed Qatar Airways 2.0 strategy for the outstanding 2024-25 fiscal year results, which include cargo, catering and duty-free.
Key achievements include the expansion of Hamad International Airport to cater for 65 million annual passengers and the introduction of innovative tech, such as conversational AI for its world-first digital cabin crew, Sama; and being the first global airline of its size to install Starlink Wi-Fi across its Boeing B777 fleet.
In addition, the Group acquired a 25 per cent minority stake in Virgin Australia and 25 per cent of South African regional airline Airlink during this period.
Qatar Airways Cargo also recorded 17 per cent growth in revenue for its best financial results since 2019.
These achievements also come just after the Group announced its largest-ever Boeing widebody aircraft and GE Aerospace engine orders to date.
Qatar Airways Group CEO 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.”
“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.
“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.”
For more info, visit qatarairways.com
