From Yahoo Finance: 2025-05-19 02:06:00

Qatar Airways announced a record net profit of 7.8 billion riyals for the 2024 financial year, a 28% increase from the previous year. Despite global economic challenges, demand in the Gulf region remains strong. Strategic partnerships have helped the airline navigate uncertainties, leading to a 6% revenue increase and 7.8% rise in passengers carried. Qatar Airways has also expanded its network capacity and made significant investments in other airlines, including a recent $96 billion deal with Boeing. Passenger numbers have steadily increased, showing above-market growth.

Read more: Qatar Airways’ net profit jumps 28% as company expects strong demand to continue