The Strategist

Qatar Airways reports record annual net profit



05/20/2025 - 06:09



Qatar Airways reported a net profit surge of 28 per cent, reaching a record 7.8 billion riyals ($2.1 billion) for the financial year 2024, which concluded in March, according to the state-owned airline.



pexels
pexels
The airline anticipates robust demand for air travel in the short term. 

The firm's earnings for the year increased by 6 percent to reach 86 billion riyals. 

Qatar Airways catered to over 43 million passengers, marking a 7.8 percent increase from the previous year. Carrier capacity rose by 4%. 

Last year, Qatar Airways acquired a 25 percent share in Virgin Australia and a comparable share in South African Airlink.

source: ft.com