• Qatar Airways Group posted its highest-ever operating profit of QAR 15.2 billion (US$4.1 billion) in FY2025/26, with group profit reaching QAR 7.08 billion (US$1.94 billion) and pre-tax profit at QAR 7.8 billion (US$2.1 billion)
• A geopolitical airspace closure in the final quarter significantly curtailed operations, with Group CEO Hamad Al-Khater confirming consequences remained active as the annual report was published
• The disruption carries direct implications for Qatar Airways Cargo and its global freight network, with freighter routings, belly capacity and supply chain commitments through Doha’s hub all affected by restricted airspace access

Qatar Airways Group closed FY2025/26 with operating profit of QAR 15.2 billion (US$4.1 billion), the highest in the Group’s history, while carrying 41.8 million passengers across the year. Group profit reached QAR 7.08 billion (US$1.94 billion), with pre-tax profit coming in at QAR 7.8 billion (US$2.1 billion).

The results land against a backdrop that complicated the year’s final stretch significantly: a geopolitical disruption closed Qatar’s airspace and sharply curtailed operations in the fourth quarter, with the Group acknowledging that consequences were still being felt as the annual report went to publication.

Group Chief Executive Officer Hamad Al-Khater said: “The financial results of FY2025/26 reflect an organisation that performed with discipline and consistency across the vast majority of the year, before absorbing the full force of a disruption in its final quarter.”

The record operating profit, in that context, reflects the strength built across the first three quarters rather than a clean run across all twelve months.

“Group profit reached QAR 7.08 billion (US$1.94 billion), a result that, in the context of what this year became, reflects the genuine underlying strength of this business. Operating profit reached QAR 15.2 billion (US$4.1 billion), the highest in the Group’s history, and we carried 41.8 million passengers, upholding the standard of international connectivity the Qatar Airways Group is known for.”

Al-Khater acknowledged the disruption directly without minimising it: “It is not often that a single financial year asks an organisation to demonstrate both the best of what it can achieve and the depth of what it can withstand. FY2025/26 did both.”