Qatar Airways posts QAR 7.08bn profit amid volatility

DOHA, Qatar – Qatar Airways Group reported a net profit of QAR 7.08bn (US$1.94bn) for the 2025/26 financial year, as the airline expanded capacity, strengthened cargo dominance and invested heavily in future fleet growth despite global economic uncertainty and geopolitical disruption in its final quarter.

The Group carried more than 41.8 million passengers and maintained extensive global connectivity through Hamad International Airport, reinforcing its position as one of the world’s leading long-haul aviation hubs.

Cargo operations remained a key driver, with Qatar Airways Cargo transporting 1.43 million tonnes of chargeable freight and securing a 12 percent global market share, according to the Group.

Operational performance also remained strong, with an 86 percent on-time performance ranking the airline among the top five globally and earning it the Cirium Platinum Award for operational excellence.

Qatar Airways Group Chief Executive said the year tested resilience and demonstrated strength across financial and operational metrics.

Key developments included landmark aircraft and engine agreements with Boeing and GE Aerospace for up to 210 aircraft and 400 engines, among the largest fleet commitments in commercial aviation.

The airline was named World’s Best Airline 2025 by Skytrax for a record ninth time and continued to receive awards for business class, airport operations and cargo leadership.

Hamad International Airport retained its status as the Middle East’s best airport for the 11th consecutive year while Qatar Duty Free was again recognised for global airport shopping excellence.

Looking ahead, the Group said it aims to expand its network to more than 160 destinations by summer 2026 supported by Starlink connectivity and ongoing fleet renewal.

The results underline Qatar Airways’ continued resilience as it navigates volatile global markets while maintaining profitability, expanding cargo leadership and reinforcing Doha’s role as a major international aviation hub connecting Asia, Europe, Africa and the Americas.

Analysts say sustained demand for premium travel, strong freight volumes and strategic investment in fleet modernization are likely to support further growth in the coming financial cycle.

The group said it remains focused on disciplined expansion and operational excellence across all divisions globally.

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