20
Tue, May

Qatar Airways Group Reports Record-Breaking Financial Performance

Qatar Airways Group Reports Record-Breaking Financial Performance

World Maritime
Qatar Airways Group Reports Record-Breaking Financial Performance

Qatar Airways Group has just revealed its moast impressive financial results ever. For the fiscal year 24/25, profits soared to QAR7.85bn (around US$2.15bn), marking an increase of over QAR1.7bn (approximately US$0.5bn) compared to the previous year.

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The cargo division, Qatar Airways Cargo, has outperformed expectations with a 17% revenue boost, achieving its best financial outcomes since the pandemic hit. This success stems from their nimbleness in responding to market changes and a strong commitment to digital innovation and thorough data analysis.

Badr Mohammed Al-Meer, CEO of Qatar Airways Group, stated: “Thes outstanding results reflect the dedication and talent of our global team of over 55,000 individuals. Our focus on nurturing this talent is central to our Qatar Airways 2.0 strategy.”

“we’ve also forged strategic alliances across the industry that allow us to stay flexible amid changing global dynamics—be it political shifts or economic challenges.”

Qatar Airways group announces strongest financial results in its history
Qatar Airways Group announces strongest financial results in its history

This adaptability allows us to maintain exceptional service levels in-flight—think award-winning Qsuite seating, gourmet dining options, and complimentary high-speed Starlink internet for all travelers.

A few highlights from Qatar Airways Group’s recent fiscal year include:

  • A remarkable profit surge of 28% for FY 24/25.
  • The expansion of Hamad International Airport now accommodating up to 65 million passengers each year.
  • Pioneering as the first airline globally—and within MENA—to equip Boeing 777s with Starlink’s ultra-fast WiFi.
  • A strategic investment securing a 25% stake in Virgin Australia.
  • An acquisition involving a similar stake in Airlink, South Africa’s leading regional airline.
  • The launch of Sama—a cutting-edge digital cabin crew powered by conversational AI technology.
  • A series of technical agreements aimed at diversifying operations while aligning with Qatar National vision 2030 goals.

Looming on the horizon are significant aircraft and engine orders that promise to keep their fleet at the cutting edge of aviation technology while delivering top-notch service worldwide.

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Content Original Link:

Original Source fullavantenews.com

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Original Source fullavantenews.com

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