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Qatar Airways records profits of 28% in 2024: its highest profits to date

Qatar Airways Group have reported a record profit of 7.85 billion Qatari riyals (approximately $2.15 billion) for the 2024 financial year, an increase of 500 million Qatari riyals over 2023, represents a 28% increase in 2024 profits.

The companys annual report for FY 2024/2025 said this is the best financial yearonrecord for the airline in all divisions including Qatar Airways Cargo, Qatar Aircraft Catering Company and Qatar Duty Free.

Qatar Airways Cargo recorded a 17% increase in revenue, achieving its best results since the COVID-19 pandemic. The growth was attributed to the company’s adaptability to shifting market conditions, strategic investments in digitalization, data-driven operations, and top-tier reliability.

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