{"id":86433,"date":"2025-05-20T00:00:00","date_gmt":"2025-05-20T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2025\/05\/20\/qatar-airways-records-strongest-performance-to-date-in-fy-2024-2025\/"},"modified":"2025-05-20T00:00:00","modified_gmt":"2025-05-20T00:00:00","slug":"qatar-airways-records-strongest-performance-to-date-in-fy-2024-2025","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2025\/05\/20\/qatar-airways-records-strongest-performance-to-date-in-fy-2024-2025\/","title":{"rendered":"Qatar Airways records strongest performance to date in FY 2024-2025"},"content":{"rendered":"

Qatar Airways posts a surge across the board: <\/strong>Qatar Airways Group saw its net income attributable to shareholders surge nearly 28.5% y-o-y \u2014 per our calculation \u2014 to QAR 7.9 bn (c. USD 2.2 bn) for its FY 2024-25 ending in March, according to the company\u2019s annual report (pdf)<\/a>. The firm\u2019s revenues rose 6.3% y-o-y \u2014 also in our calculation \u2014 to QAR 85.6 bn (c. USD 23.5 bn) for the same period, according to the company\u2019s financials (pdf)<\/a>. <\/p>\n

Operational expansion:<\/strong> Qatar Airways' fleet grew by 12 aircraft: two passenger, one freighter, seven private jets, and two leased to accommodate for higher demand. Qatar Airways increased capacity by 3.5% versus FY23-24 and added frequencies to 48 markets last year. <\/p>\n

The cargo arm saw a boost\u2026: <\/strong>The Qatari carrier\u2019s cargo arm \u2014 Qatar Airways Cargo \u2014 saw a 17% y-o-y rise in revenue to QAR 17.9 bn \u2014 which the company deemed the highest figure since the Covid-19 pandemic. The cargo arm transported over 1.5 mn tons in the period, clinching 7.11% in market share. Fleet and network investments saw new freighter routes to Abu Dhabi, Sharjah, Vienna, Kuala Lumpur, and London. <\/p>\n

\u2026as did ground handling:<\/strong> Qatar Aviation Services handled ground operations for over 52 mn passengers in FY 24-25, an 8% y-o-y increase. The division achieved a 99% On-Time Performance rate.<\/p>\n

A spate of acquisitions:<\/strong> The flag carrier received approval<\/a> from the Australian government for its acquisition of 25% of Virgin Australia this month, snapping up a share from US private equity firm Bain Capital. The company also acquired a 25% stake<\/a> late last year in South African-based airline Airlink, whose fleet comprises more than 65 aircraft.<\/p>\n

Qatar Airways lined up for new Boeing aircraft:<\/strong> The airline inked a USD 96 bn<\/a> agreement to acquire 160 jets from US manufacturer Boeing, with an option to add 50 more aircraft, <\/strong>during US President Donald Trump\u2019s tour of Gulf countries last week. <\/p>\n

D\u00e9j\u00e0 vu? <\/strong>Qatar Airways had previously reported record-breaking<\/a> performance in FY 2023-24, posting a 39% y-o-y increase in net income to QAR 6.1 bn (USD 1.68 bn). Its top line surged 6% y-o-y to QAR 81 bn (USD 22.26 bn), due to rising demand and capacity increases.<\/p>\n","protected":false},"excerpt":{"rendered":"

The airline posted bottom line and topline growth, with cargo and ground handling services driving growth.<\/p>\n","protected":false},"author":1,"featured_media":86434,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[175],"tags":[174,153,247],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-86433","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings-watch","tag-earnings-watch","tag-qatar","tag-qatar-airways","wpautop","entry"],"acf":{"mongo_id":"c6dd9fd3-48af-4ede-8bc1-74a143624ac9","order":"8","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/6\/298.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Qatar Airways records strongest performance to date in FY 2024-2025","related_issue":[86420],"teaser":"The airline posted bottom line and topline growth, with cargo and ground handling services driving growth.","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/5\/.1fcf1639-fe90-47d4-81ff-44c65028ceb8.mp3"},"yoast_head":"\nQatar Airways records strongest performance to date in FY 2024-2025 - 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