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Date: 10/07/2024

Qatar Airways Cargo increases market share in 2023/24; Group reports strongest ever financial performance 
 
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 Cargo’s market share to 7.1 per cent in 2023/24, up by 0.04 per cent compared to the previous financial year.
 
Meanwhile, Qatar Airways Group reported the strongest financial performance in its 27-year history, announcing record profits of QAR6.1 billion (US$1.7 billion) in its Annual Report for the 2023/24 financial year.
 
The multiple award-winning airline group reported historic net profits of QAR6.1 billion (US$1.7 billion) during the 2023/24 fiscal, with a total revenue of QAR81 billion (US$22.2 billion), representing an increase of QAR4.7 billion (US$1.3 billion) – up six per cent compared to last year, highlighted a release.



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