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Qatar Airways profits rise 28% in 2024 | economy

manhattantribune.com by manhattantribune.com
19 May 2025
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Qatar Airways profits rise 28% in 2024 | economy
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The profits of the Qatar Airways Group increased by 28% in the past fiscal year to record 7.85 billion riyals (2.15 billion dollars), an increase of 1.7 billion riyals (500 million dollars) in the investigator in 2023.

This came in the annual report of the Qatar Airways on the fiscal year 2025/2024, which showed financial performance is the strongest in its history and in all its sections, including the Qatari Air Cargo and the Qatari company to supply aircraft and the Qatari free market.

The report pointed out that the Qatari air freight recorded a strong financial performance, with an increase in revenue, which amounted to 17%, making profits that are the best since the Korona “Kovid-19”.

This is due to the company’s flexibility in adapting to the changing shipping market conditions, focusing on investing in the areas of digitization, deep -based data, and its reliability, which is the best in its class.

The Qatar Airways Group has achieved a financial performance that is the strongest in its history, as net profits amounted to 7.85 billion Qatari riyals (2.15 billion US dollars), achieving an increase of 1.7 billion Qatari riyals (0.5 billion US dollars) compared to last year.

For more information: pic.twitter.com/txedzlpt6g

Qatar Airways (@qatarairways) May 19, 2025

Record numbers

“These distinguished financial results are once again the leading position of the Qatar Airways Group, not only in the global aviation sector, but also in the leadership of the global economy, and therefore, the achievements that were achieved during the fiscal year 2025/2024 continue to consolidate the top of the Qatari tanker and the group as a global economic power, this field performance is As a result of the studied, accredited and strategic planning, as well as the dedication of our serious employees, which allowed the way for prosperity in a stable and sustainable way.

He added that “the profits that shattered the records came as a result of sound commercial decisions that are the distinctive feature of our success, so I have a confidence in our ability to continue our series of achievements in the future.”

For his part, Engineer Badr Mohamed El -Mir, CEO of the Qatar Airways Group, said, “These results, which broke the records, are evidence of hard work, skill and dedication that all sections of the Qatar Airways Group do, we are all confident that none of the prominent results that we announce today will not be possible without our employees who number 55 thousand in all parts of the world, and our focus on strengthening these talents, which is the axis Essential for Qatar Airways Strategy 2.0.

“We succeeded in implementing multiple strategic partnerships in the aviation sector, so that the group remains flexible in the face of constantly changing global events, whether political, economic or environmental,” Al -Mir added.

Services and classes

Al -Meir pointed out that these achievements confirm “our endeavor to continue providing and developing our exceptional services in the atmosphere, whether the Kyusweit prizes’ cabiner, the prizes, the luxury food service, or the” Starlink “service to connect to the high -speed and free internet for all travelers.”

The group’s main achievements during the past fiscal year include a record increase in profits by 28% in the fiscal year 2025/2024, and the expansion of Hamad International Airport to enable it to meet the needs of 65 million passengers annually.

Qatar Airways plane (Al -Jazeera)

Al -Meir said that the Qatari is the first global airline and the first in the Middle East and North Africa region to enhance its full Boeing 777 aircraft with Starlink’s high -speed Internet technology, as well as acquire a 25% minority stake in Virgin Australia, and acquire 25% in Air Link in South Africa, in addition to strengthening “Sama” the first member of the hospitality crew developed with technology The world’s artificial intelligence, which can hold talks with others.

He also drew attention to the signing of a group of understanding notes that encourage the expansion of business in all sections of the aviation sector, in addition to working to achieve the ambitions of Qatar 2030 vision.



Tags: airwayseconomyprofitsQatarrise
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