Strong Financial Performance, Record Cargo Volumes and Strategic Fleet Expansion Highlight Resilient 2025/26 Fiscal Year
Doha, Qatar: Qatar Airways Group has reported a robust financial performance for the fiscal year 2025/26, posting a net profit of QAR 7.08 billion (US$1.94 billion) despite navigating a challenging global economic environment and significant geopolitical disruptions during the final weeks of the reporting period.
The results underscore the resilience of one of the world’s leading aviation groups, reflecting strong operational performance, sustained passenger demand, record cargo activity and continued investment in fleet modernisation and digital innovation.
According to the Group’s latest annual report, the airline maintained its position among the global aviation industry’s top performers, supported by disciplined financial management, a diversified business portfolio and the strategic advantages of its hub operations at Hamad International Airport.
Passenger Demand Remains Strong
During the financial year, Qatar Airways carried more than 41.8 million passengers, strengthening its role as a key global connector linking Europe, Asia, Africa, the Middle East and the Americas.
The carrier continued to leverage Doha’s geographic position and the efficiency of Hamad International Airport to support seamless international transit traffic, while maintaining a broad network that connected travellers to hundreds of destinations worldwide through its extensive partnership ecosystem.
Despite geopolitical instability affecting parts of the region, the airline successfully sustained operations and continued delivering high levels of customer service and network connectivity.
Cargo Division Retains Global Leadership
A standout performer during the year was Qatar Airways Cargo, which further strengthened its position as the world’s largest international air freight carrier.
The cargo division transported more than 1.43 million tonnes of chargeable freight, capturing approximately 12 per cent of global market share and reinforcing its critical role in international trade and supply chain connectivity.
The strong cargo performance reflects sustained demand for air freight services across sectors including e-commerce, pharmaceuticals, perishables, industrial goods and high-value shipments.
As global supply chains continue to evolve, Qatar Airways Cargo remains a key player in facilitating international commerce through its extensive global network and specialised logistics capabilities.
Operational Excellence Drives Competitive Advantage
Qatar Airways also maintained industry-leading operational standards throughout the fiscal year.
The airline achieved an impressive 86 per cent on-time performance, placing it among the five most punctual airlines worldwide and earning the prestigious Cirium Platinum Award for Operational Excellence, one of the aviation industry’s most respected operational benchmarks.
The recognition highlights the carrier’s ability to deliver reliable service despite operational complexities, fluctuating demand patterns and regional geopolitical challenges.
Leadership Highlights Organisational Strength
Commenting on the results, Hamad Al-Khater said the financial year tested the organisation’s ability both to capitalise on growth opportunities and to respond effectively to extraordinary operational challenges.
He noted that the Group’s performance reflected strength across all key areas, including financial stability, operational excellence, strategic partnerships and workforce commitment.
Al-Khater also paid tribute to the organisation’s approximately 57,800 employees working across more than 90 countries, highlighting their role in maintaining operational continuity and managing complex challenges during periods of heightened uncertainty.
He added that the Group is now actively rebuilding and expanding its global network, supported by what he described as the strongest balance sheet in its history and partnerships that demonstrated their value during difficult circumstances.
Landmark Fleet Expansion Signals Long-Term Growth
One of the most significant developments of the year was Qatar Airways Group’s commitment to future growth through a major fleet investment programme.
The airline signed landmark agreements with Boeing and GE Aerospace covering the acquisition and servicing of up to 210 aircraft and 400 engines.
The agreements rank among the largest fleet commitments in commercial aviation history and demonstrate the airline’s confidence in long-term market growth and future passenger demand.
The investment is expected to enhance operational efficiency, expand network capabilities and support the carrier’s sustainability objectives through the introduction of newer-generation aircraft technologies.
Record Recognition for Service Excellence
The financial year also saw Qatar Airways achieve another milestone in passenger service excellence.
The airline was named World’s Best Airline 2025 by Skytrax, securing the prestigious title for a record ninth time.
The award further reinforces Qatar Airways’ reputation for premium service, product innovation and customer satisfaction across both long-haul and regional operations.
Expanding Digital Innovation Through Starlink
Qatar Airways continued to strengthen its position as a technology leader by becoming the operator of the world’s largest Starlink-equipped widebody fleet.
The airline has deployed high-speed satellite internet connectivity across its Boeing 777, Airbus A350 and Boeing 787-8 Dreamliner fleets, providing passengers with seamless and complimentary internet access on selected routes.
The initiative reflects growing demand for uninterrupted connectivity, particularly among business travellers and long-haul passengers.
Hamad International Airport Continues Award-Winning Run
The Group’s aviation ecosystem was further strengthened by continued recognition for Hamad International Airport.
The airport was named Best Airport in the Middle East by Skytrax for the 11th consecutive year, reaffirming its status as one of the world’s leading aviation hubs.
In addition, Qatar Duty Free received the Skytrax award for Best Airport Shopping globally for the third consecutive year, highlighting ongoing investment in passenger experience, retail innovation and hospitality services.
Network Expansion Continues
Looking ahead, Qatar Airways plans to continue rebuilding and expanding its global network, with services expected to reach more than 160 destinations by summer 2026.
The expansion strategy is designed to strengthen connectivity, support tourism and business travel, and provide passengers with greater access to the airline’s award-winning services and extensive international network.
Supported by a strong financial foundation, industry-leading operational performance and continued investment in technology and fleet modernisation, Qatar Airways appears well positioned to navigate future challenges while pursuing long-term growth opportunities in an increasingly competitive global aviation market.
A Resilient Performance in a Volatile Environment
The 2025/26 financial results demonstrate Qatar Airways Group’s ability to maintain profitability and operational excellence despite a year marked by geopolitical uncertainty, economic volatility and industry-wide challenges.
With record cargo performance, continued passenger growth, major fleet investments and global recognition for service quality, the Group has reinforced its standing as one of the aviation industry’s most resilient and strategically positioned players.
As international travel demand continues to strengthen, Qatar Airways enters the next phase of growth with renewed momentum and a clear focus on connectivity, innovation and long-term value creation.
