Strong fiscal year marked for Qatar Airways
Qatar Airways Group Soars to New Heights
Qatar Airways Group, a leading player in the aviation industry, has reported a significant increase in profit and growth, thanks to strategic investments and innovative advancements.
The expansion of Hamad International Airport (HIA) serves as a key driver for the group's future growth. With a capacity of up to 65 million passengers per year, HIA ranks among the world's most modern aviation hubs. This expansion is expected to bolster Qatar Airways' international presence.
The success of Qatar Airways Cargo is also noteworthy. The division has shown remarkable growth, with a 17% increase in revenue since the pandemic. This growth is attributed to investments in digital technologies, data-driven processes, and a reliable supply chain.
CEO Badr Mohammed Al-Meer credited the success of Qatar Airways Group to the dedication of over 55,000 employees worldwide. The promotion of internal talent is at the core of Qatar Airways' "Qatar Airways 2.0" strategy. Innovative technological advancements like the digital cabin crew "Sama," based on conversational AI, are a testament to this strategy.
Qatar Airways has also made strategic decisions that have bolstered its international presence. In 2024, the airline made a strategic investment of 25% in the South African airline Airlink to reinforce its network across Asia, Africa, and Oceania, expanding its connectivity and reinforcing its global footprint.
Moreover, Qatar Airways has set new standards for in-flight digital connectivity by integrating high-speed Starlink internet on its Boeing 777 fleet. As the first airline worldwide and a pioneer in the MENA region to integrate Starlink internet on its flights, Qatar Airways is leading the way in digital innovation.
Qatar Airways Group achieved a record-breaking profit of 7.85 billion QAR (2.15 billion USD) in the fiscal year 2024/2025. This significant improvement, with an increase of over 28% compared to the previous year, is a testament to the airline's strategic decisions and dedication to innovation.
Dominik Lelle, a member of the online editorial team at AERO INTERNATIONAL since 2023, is passionate about making the world of aviation accessible and engaging for readers. As a passionate traveler, always eager to discover new horizons, Lelle brings a unique perspective to his work.
Several technical memorandums of understanding have been signed to lay the foundation for a sustainable and diversified future, aligning with Qatar's National Vision 2030. These agreements aim to ensure Qatar Airways' continued growth and success in the years to come.
Read also:
- MRI Scans in Epilepsy Diagnosis: Function and Revealed Findings
- Hematology specialist and anemia treatment: The role of a hematologist in managing anemia conditions
- Enhancing the framework or setup for efficient operation and growth
- Hydroelectric Power Generation Industry Forecasted to Expand to USD 413.3 Billion by 2034, Projected Growth Rate of 5.8% Compound Annual Growth Rate (CAGR)
