Meer added, “Our continued focus on profitability, efficiency and customer experience have been underpinned by a strategic programme of network growth and fleet expansion, resulting in the highest revenues and profit margins in the history of the airline. We also cemented our undisputed role as a key industry leader, maintaining our position as the airline of choice for millions of passengers worldwide.”
“This incredible achievement is in no small part thanks to the collective endeavour of the entire Qatar Airways Group family who have worked tirelessly to achieve such stellar results. We must now use this as a foundation on which to build our continued success.” As it celebrates its milestone 20th year of operation in 2024, Qatar Airways Cargo maintained its position as the world’s leading air cargo carrier, forging ahead with a strategic focus on digitalisation, sustainability and growth contributing towards an increase in Cargos market share to 7.1 per cent in 2023/24, up by 0.04 per cent compared to previous financial year.
Qatar Executive (QE) has continued to deliver a solid business performance in a highly competitive market operating as the only business jet brand owned and fully integrated with a commercial airline. With consistent growth over the 2023-2024 fiscal year, QE saw an increase in commercial charter revenue of more than 17 per cent, with a rise in flying hours of over 21 percent illustrating its strong customer growth, particularly in Europe, the US and Asia.
Qatar Airways network grew to more than 170 destinations in 2023-2024, adding Al Ula, Neom and Tabuk, in Saudi Arabia; Lyon and Toulouse, France; Medan, Indonesia; and Trabzon, Turkey throughout the year.
This is in addition to the resumption of operations to 14 destinations.
