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Qatar Tribune
19-05-2025
- Business
- Qatar Tribune
Qatar Airways posts record QR7.85 bn net profit
Tribune News Network Doha The Qatar Airways Group has reported a record net profit of QR7.85 billion ($2.15 billion) for the 2024/25 fiscal year, marking an increase of QR1.7 billion ($0.5 billion) compared to the previous year. The milestone was highlighted in the airline's latest annual report, which reflects the strongest financial performance in the group's history. The exceptional results span all major divisions, including Qatar Airways Cargo, Qatar Aircraft Catering Company, and Qatar Duty Free. Qatar Airways Cargo has delivered a remarkable financial performance, recording a 17 percent 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 digitalization, deeper data-driven analyses, and its best-in-class reliability. Minister of State for Energy Affairs and Qatar Airways Group Chairman of the Board of Directors HE Saad bin Sherida Al Kaabi commented: 'These financial results show yet again Qatar Airways Group's leadership position not just in global aviation, but in driving the global economy. The achievements across the 24/25 financial year continue to position the airline and Group as a global economic force. This is not just a product of our employees' hard work, but of thoughtful, deliberate and strategic planning, which has allowed the business to thrive in a stable and sustainable way. Record-breaking profitability, underpinned by sound business decisions, is a hallmark of our success and I have every confidence that we'll see it continue.' Qatar Airways Group Chief Executive Officer Eng. 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,' he added. '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 noted. Key achievements of Qatar Airways Group over the last financial year include record-breaking 28% increase in profit in 24/25 financial year, and expansion of Hamad International Airport, enabling it to cater for 65m passengers annually. Al Meer noted that Qatar Airways is the first global airline, and first in MENA region, to install Starlink super-fast WiFi on its Boeing 777 fleet, in addition to a 25% minority stake in Virgin Australia, and a 25% acquisition of South African premier regional airline, Airlink. The achievements also include the introduction of AI into its world-first digital cabin crew, Sama. Al Meer also highlighted the signing of a range of technical MoUs, aimed at future-proofing and diversifying the business across the aviation sector, as well as working to fulfill the ambitions of the Qatar National Vision 2030.
ILoveQatar.net
19-05-2025
- Business
- ILoveQatar.net
Qatar Airways Group achieves strongest financial results in its history with QR 7.85 billion in the 2024/25 fiscal year
Qatar Airways Group has announced the strongest set of financial results in its history. Profits for the Group, which includes cargo, catering, and Qatar Duty Free, reached QR 7.85 bn (USD 2.15 bn) in the 24/25 fiscal year – an increase of more than QR 1.7bn (USD 0.5bn) 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. Minister of Energy and Qatar Airways Group Chairman of the Board of Directors, H.E. Saad Sherida Al-Kaabi, said: 'These financial results show yet again Qatar Airways Group's leadership position not just in global aviation, but in driving the global economy. The achievements across the 24/25 financial year continue to position the airline and Group as a global economic force. This is not just a product of our employees' hard work, but of thoughtful, deliberate and strategic planning, which has allowed the business to thrive in a stable and sustainable way. 'Record-breaking profitability, underpinned by sound business decisions, is a hallmark of our success and I have every confidence that we'll see it continue.' 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. '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.' Key achievements of Qatar Airways Group over the last financial year include: Record-breaking 28% increase in profit in 24/25 financial year. Expansion of Hamad International Airport, enabling it to cater for 65m passengers annually. First global airline, and first in MENA region, to install Starlink super-fast WiFi on its Boeing 777 fleet. 25% minority stake in Virgin Australia. 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. 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. Source and cover image credit: Press release
Qatar Tribune
19-05-2025
- Business
- Qatar Tribune
Qatar Airways Group announces strongest financial results in its history
DOHA: Qatar Airways Group has announced the strongest set of financial results in its history. Profits for the Group, which includes cargo, catering and Qatar Duty Free, reached QR7.85bn ($2.15bn) in the 24/25 fiscal year – an increase of more than QR1.7bn ($0.5bn) 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 Chief Executive Officer, Eng 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. '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.' Key achievements of Qatar Airways Group over the last financial year include: Record-breaking 28% increase in profit in 24/25 financial year. Expansion of Hamad International Airport, enabling it to cater for 65m passengers annually. First global airline, and first in MENA region, to install Starlink super-fast WiFi on its Boeing 777 fleet. 25% minority stake in Virgin Australia. 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. 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. Annual Report and Consolidated Financial Statements 2025:
Zawya
29-04-2025
- Business
- Zawya
Qatar Airways blends cultural relevance with immersive VR innovation at ATM Dubai 2025
Expanded flight frequencies and new global tourism partnerships reflect Qatar Airways' focus on growing regional and international demand Riyadh, Kingdom of Saudi Arabia – Qatar Airways, the leading five-star airline in the region, marked the opening day of Arabian Travel Market (ATM) Dubai 2025 with a standout showcase that captured the spotlight at the event. The airline's experience stand centred around cultural resonance, immersive innovation, and the evolving needs of today's Arab traveller, reinforcing Qatar Airways' leadership in reshaping the future of digital travel in the region and beyond. At the heart of the experience was Sama, the world's first AI digital human cabin crew — now equipped to understand Arabic dialects and respond fluently in Modern Standard Arabic, allowing travellers across the Arab world to interact with her naturally and effortlessly. Sama engaged with visitors at the stand, assisting them with flight bookings, destination recommendations, and responding to questions about Qatar Airways' products and services through intuitive, real-time conversation. Offering a digital experience built around familiarity and cultural nuance, the Arabic-speaking version of Sama is now available across Qatar Airways' digital platforms, including the airline's award-winning mobile application and its immersive web experience, QVerse. This newly introduced feature reaffirms Qatar Airways' commitment to serving passengers with a personalised and regionally relevant approach. The ORCHARD in the Qverse also made its debut at ATM 2025 with a hyper-realistic virtual recreation of the iconic indoor garden at Hamad International Airport. Visitors walked beneath the trees, explored the tranquil space, and experienced the calm, nature-inspired environment that awaits them at the multi-award-winning airport. The fully immersive experience allowed attendees to preview part of their journey in vivid detail, making the unfamiliar feel familiar — long before their departure. Qatar Airways also showcased Qsuite Next Gen, the latest iteration of its award-winning patented Qsuite business class. Visitors were invited to step inside the reimagined Qsuite and explore its wide range of customisation options designed to deliver a personalised, premium travel experience. Complementing the Qsuite Next Gen was the airline's multi-sensory pod — an enclosed experience that engaged guests through visuals, audio, scent, and motion, bringing the Qsuite atmosphere to life in a fully immersive format. Qatar Airways Group Chief Executive Officer, Engr. Badr Mohammed Al-Meer, said: 'We, at Qatar Airways, are proud to return to ATM with industry innovations that reflect the diversity and spirit of our region. Sama, the industry's first AI powered cabin crew can now connect with millions of Arabic speaking passengers through various dialects — offering travellers across the Arab world a more intuitive and personal way to communicate with us. The ORCHARD in VR, Qsuite Next Gen, and our multi-sensory pod are all part of how Qatar Airways is shaping a future of travel that is not only digital, but also deeply human. 'Our focus on fostering a thriving future for the travel industry also extends to our new B2B partnerships with the Visit Maldives and Indonesia's Ministry of Tourism to promote leading global leisure destinations.' On the sidelines of ATM Dubai 2025, Qatar Airways signed new Memoranda of Understanding with Visit Maldives and Indonesia's Ministry of Tourism to boost visitor arrivals via the multiple-award-winning Doha hub, Hamad International Airport, and explore new opportunities for tourism promotion through various leisure channels in key markets. In line with the airline's growth strategy and this year's ATM theme, Qatar Airways also confirmed increased flights to several key destinations for the peak summer season. • Dar Es Salaam and Kilimanjaro • Entebbe • Tokyo Narita • Maputo–Durban • Larnaca • Trabzon • Sharjah • Manchester • Madrid • Lisbon • London Heathrow Qatar Airways is welcoming visitors at stand ME1420, between Halls 3 and 4, at the Dubai World Trade Centre until 1 May 2025.
Gulf Insider
19-04-2025
- Business
- Gulf Insider
Qatar Airways To Show Off 4-Person Customisable Quad Suites Seating At ATM In Dubai
Qatar Airways will showcase its customisable four-person Qsuite business class suite at Arabian Travel Market (ATM) in Dubai later this month. Visitors and exhibitors will have the opportunity to experience the latest from the Qatar Airways' layout from April 28 to May 1. The airline is showing off its business class experiences with the design of Qsuite Next Gen that features fully customisable Quad Suites creating the largest social space in the sky for groups of four and window aisle Companion Suites. All suites have 4K OLED manoeuvrable in-flight entertainment screens that can be moved to connect the spacious and private suites. From ambient lighting to privacy controls to the 'Make My Bed' button for the five-star Qatar Airways turn-down service, ATM visitors are invited to interact with Qsuite Next Gen's vast range of customisation options. Both the Quad and Companion Suites further boast increased dining space and taller digitally controlled privacy dividers, a testament to the airline's consideration of passenger comfort in the skies. With this year's ATM theme, 'Global Travel: Developing Tomorrow's Tourism Through Enhanced Connectivity', Qatar Airways will spotlight its continued investment in technology, and customer experience, reinforcing its position as a global aviation leader.
