Qatar Airways Group has posted a profit of US$2.15 billion (QAR7.85 billion) for the fiscal year 2024–2025, an increase of more than US$0.5 billion (QAR1.7 billion) recorded the year before. The company described the performance as the “strongest set of financial results in its history.”
In a press release, published on May 19, 2025, Qatar Airways Group said it had seen a record-breaking 28% increase in profit in the 2024/25 financial year.
Qatar Airways Cargo recorded a 17% increase in revenue, “achieving the best financial results since the COVID period”, the company said, attributing it to its ability to adapt to shifting market conditions, its investment in digital technology, data analysis, and its reliability.
“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,” said Qatar Airways Group CEO Badr Mohammed Al-Meer.
The company also posted some of its highlights from the past financial year, including the expansion of Hamad International Airport (DOH) to accommodate 65 million passengers each year. In March 2025, the airport opened Concourses D and E, adding 17 new boarding gates and bringing the total to 62.
In May 2024, Qatar Airways became the first global airline and the first in the Middle East and North Africa region to install Starlink WiFi on its Boeing 777 fleet.
In February 2025, Qatar Airways bought a 25% minority share in Virgin Australia, according to the Australian Government’s Foreign Investment Review Board (FIRB). Additionally, in August 2024, Qatar Airways acquired a 25% equity stake in South African airline Airlink, one of Africa’s largest carriers.
The group also said Qatar Airways has made significant orders for new aircraft and engines, ensuring that its fleet remains “at the forefront of commercial aviation.”
On May 14, 2025, Qatar Airways signed a historic agreement to buy jets from Boeing while US President Donald Trump was visiting the Gulf nation. The deal is worth more than $96 billion and includes up to 210 Boeing 787 Dreamliner and 777X aircraft powered by GE Aerospace engines.
