DOHA, QATAR — Qatar Airways Group has officially released its annual report for the 2025/26 financial year, revealing a remarkably resilient performance despite severe geopolitical headwinds. The Doha-based carrier posted a massive post-tax net profit of $1.94 billion (QAR 7.08 billion). While late-year airspace closures and regional disruptions in the Middle East caused the net profit to dip slightly compared to the previous year’s record of $2.1 billion, the airline still achieved its highest-ever operating profit of $4.1 billion (QAR 15.2 billion), signaling that its core business remains incredibly robust.

The airline’s strong financial footing was driven by surging passenger demand and a welcome cushion in operating costs. Qatar Airways carried more than 41.8 million passengers through its central hub at Hamad International Airport, while simultaneously benefiting from a 15.5% drop in jet fuel costs that saved the group nearly $978 million year-on-year. On the operational side, the carrier maintained an impressive 86% on-time performance rate, earning the prestigious Cirium Platinum Award for Operational Excellence. Meanwhile, Qatar Airways Cargo transported 1.43 million tonnes of freight, securing its spot as the world's largest international air cargo carrier with a 12% global market share.

Beyond the balance sheet, the 2025/26 fiscal year was marked by massive milestone achievements in fleet expansion and technology. Qatar Airways signed a historic agreement with Boeing and GE Aerospace for up to 210 widebody aircraft, including 130 Dreamliners and 30 Boeing 777-9s, alongside 400 engines. The airline was also named Skytrax’s "World’s Best Airline" for an unprecedented ninth time, while rolling out the world's first and largest Starlink-equipped widebody fleet to provide free, high-speed internet to passengers. Additionally, its private aviation division, Qatar Executive, expanded its fleet to 27 next-generation aircraft after taking delivery of its final three Gulfstream G700s.

Reflecting on a tumultuous but highly successful year, Qatar Airways Group CEO Mr. Hamad Al-Khater praised the airline's 57,800 employees for their handling of sudden regional crises. He noted that the fiscal year demanded the organization demonstrate both the best of what it can achieve and the depth of what it can withstand. Looking ahead, the carrier is well-positioned for future growth, backed by a staggering cash and short-term deposit reserve of $9 billion. Qatar Airways is already expanding its global footprint by rebuilding its network and launching highly anticipated new routes across South America and Africa.