Qatar Airways FY2025 cargo revenue up 17%

Qatar Airways reported a 17 percent increase in cargo revenue at QAR 17.9 billion ($4.8 billion) for the financial year ended March 31, 2025, "the best financial results since the Covid period.

"This is attributed to its agility in adapting to shifting market conditions, a focus on investing in digitalisation, deeper data-driven analyses and its best-in-class reliability," says its annual report for FY2024-25.

"The cargo carrier operated 2019 charters, including MotoGP, for which Qatar Airways Cargo is the official cargo airline and Formula 1, for which Qatar Airways is the global partner and official airline."

Qatar Airways Cargo transported over 1.5 million tonnes (chargeable weight) in FY 2024/25, making it the largest freight carrier with 7.11 percent market share, according to the annual report. The chargeable weight, however, was a drop of four percent from 1,569,512 tonnes in the previous financial year.

There was a strong focus on partnerships in 2024, specifically with MASkargo, the cargo airline and subsidiary of Malaysia Aviation Group, Cainiao, a global leader in e-commerce logistics, Japan Airlines Cargo, Qatar Postal Services Company (Qatar Post) and MotoGP, the report added.

"Qatar Airways Cargo inaugurated its state-of-the-art Animal Centre at the Doha hub, which is the largest single-carrier facility in the world. The 5,260 sqm fully temperature-controlled facility is equipped with many cutting-edge features including:

*Kennel Capacity: 140 dog kennels and 40 cat kennels;

*Horse Stables: 24 stables distributed in four zones with separate airflows for proper segregation.

*Manned by trained veterinary staff 24/7.

Cargo operations at Hamad International Airport increased 6.5 percent to 2.6 million tonnes.

Qatar Aviation Services (QAS) "handled more than 2.6 million tonnes of freight, a seven year-on-year increase while maintaining a 99.85 percent On-Time Delivery (OTD) rate in addition to the production of 212,000 load sheets operations."

Qatar Airways Group reported revenue of QAR 86.02 billion ($23.22 billion), an increase of six percent and net profit of QAR 7.8 billion ($2.1 billion), up 28 percent for the financial year 2025.

Cargo revenue accounted for nine percent of the Group revenue in the financial year under review.

Badr Mohammed Al-Meer, Chief Executive Officer, Qatar Airways Group says: "These record-breaking results are a testament to the hard work, skill and dedication of teams across all of Qatar Airways Group. I know that none of the outstanding results we’re announcing today would be possible without our people – more than 55,000 of them across the globe - and it’s our focus on fostering that talent, which has been a core focus of our Qatar Airways 2.0 strategy.

"We have also successfully implemented strategic partnerships throughout the industry, in order for the Group to remain agile in the face of ever-shifting world events, whether political, economic or environmental.

"All of this means we continue to offer and develop exceptional service in the skies, whether it’s the award-winning Qsuite, fine dining, or super-fast complimentary Starlink internet connectivity for all passengers."

Key achievements of Qatar Airways Group include buying 25 percent minority stake in Virgin Australia and 25 percent stake in South African premier regional airline Airlink, the annual report added.