skipToContent
🌐All

Qatar Airways achieves QAR 7.08 Billion in post-tax profit in fiscal year 2025-2026

Qatar Airways achieves QAR 7.08 Billion in post-tax profit in fiscal year 2025-2026
Qatar Airways Group revealed on Wednesday that it recorded a post-tax profit of QAR 7.08 billion (USD 1.94 billion) for the financial year of 2025-2026, after taxes were deducted.In a statement released on Wednesday, the group said these results reflect a strong and outstanding performance, especially given that the last month of the fiscal year was affected by significant geopolitical challenges, affirming clearly the robustness of its business approach and the operational flexibility it enjoys. The statement indicated that Qatar Airways Group continued its path of development and innovation during the fiscal year 2025-2026, providing world-class services and products to travelers and the business sector, thus enhancing the overall travel experience.It explained that Qatar Airways served 41.8 million passengers across its growing global network of destinations, maintaining seamless air connectivity through Hamad International Airport (HIA). Meanwhile, the air cargo sector continued its leading performance, with Qatar Airways Cargo transporting more than 1.43 million tons of chargeable weight, reinforcing its position as the world's largest commercial airline cargo carrier with a global market share of 12 percent.As for operational performance, Qatar Airways maintained its leadership in the aviation sector in terms of punctuality, recording an 86 percent on-time performance for take-off and arrival, thus cementing its position among the top five most punctual airlines in the world, and receiving a Cirium Platinum Award, he most prestigious and highly regarded award in evaluating operational performance in the aviation sector.Qatar Airways Group Chief Executive Officer Hamad Ali Al Khater said, 'It is not often that a single financial year asks an organization to demonstrate both the best of what it can achieve and the depth of what it can withstand. The 2025-2026 financial year did both, and the Qatar Airways Group rose to each in turn. ''These results speak to the strength of this Group across every measure that matters - a strong balance sheet, industry-leading operations, partnerships of real depth, and people who maintained the standards this Group is known for, even under the most demanding conditions,' Al Khater added.'Behind every result are 57,800 people, working across more than 90 countries. In the final weeks of the financial year, many of them were managing an active crisis with a standard of professionalism that defines this organization as much as any financial metric, and it deserves to be recognized,' Al Khater continued.'We are actively rebuilding our global network with the confidence that comes from a balance sheet that has never been stronger, partnerships that proved their depth when we needed them most, and an organization that has demonstrated, under genuine pressure, exactly what it is capable of,' he explained. Qatar Airways said that key achievements of the 2025-2026 financial year included a record-breaking fleet expansion, as the airline signed landmark agreements with Boeing and GE Aerospace for the acquisition and servicing of up to 210 aircraft and 400 engines, among the most significant fleet commitments in commercial aviation history.The airline pointed out that the achievements also included obtaining the World's Best Airline for a record ninth time and that Qatar Airways was named World's Best Airline 2025 by Skytrax, an unprecedented recognition that cements its excellence in global aviation. In addition to that, Qatar Airways also obtained the Cirium Platinum Award for Operational Excellence. This reward comes in recognition of the airline's 86 percent on-time performance and elite operational standards, placing it among the world's top five most punctual carriers.The statement highlighted that Qatar Airways operates the world's first and largest Starlink-equipped widebody fleet, with high-speed in-flight connectivity live across Boeing 777, Airbus A350, and Boeing 787-8 aircraft, bringing seamless and free in-flight internet to passengers on routes worldwide, including various long-haul and ultra-long-haul.In this context, the statement pointed out that, for the 11th consecutive year, Skytrax recognized Hamad International Airport (HIA) as the Best Airport in West Asia, underlining it as the region's premier aviation gateway, adding that Qatar Duty Free was awarded Best Airport Shopping globally by Skytrax for the third successive year, reflecting continued investment in the passenger retail and hospitality experience at HIA.As for Qatar Airways Cargo, the statement noted that it reinforced its status as the world's largest international air cargo carrier, with 1.43 million tonnes of chargeable freight transported and a commanding 12 percent global market share.Looking ahead, Qatar Airways continues to rebuild its global schedule, underpinned by sound business principles, reaching more than 160 destinations by summer 2026. This will enable travelers from around the globe to experience its award-winning service onboard, including staying connected via Starlink and seamlessly connecting through state-of-the-art Hamad International Airport in Doha. (
Share
Original story
Continue reading at Gulf Times Qatar
www.gulf-times.com/qatar
Read full article

Summary generated from the RSS feed of Gulf Times Qatar. All article rights belong to the original publisher. Click through to read the full piece on www.gulf-times.com/qatar.