Qatar Airways Group has recorded its highest ever net profit of $1.7 billion for the fiscal year ending March 2024.
Revenue reached $22 billion, with net profit increasing by 39% compared to the previous year. The number of passengers exceeded 40 million, marking a 26% increase, which led to a 19% increase in passenger revenue. Seat occupancy rate stood at 83%.
Qatar Airways Cargo and Qatar Executive also performed well, in addition to expanding investment in the loyalty program “Privilege Club,” resulting in over a 26% increase in membership.
As part of a strategic approach for the group, focus was also given to social media with 47 million followers across Facebook, YouTube, TikTok, and more.
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