Qatar Airways Group reported strong financial results for the 2025/26 financial year, with Qatar Airways Cargo continuing to play a major role in the company’s overall performance despite ongoing geopolitical tensions and economic uncertainty impacting global supply chains.
According to the group’s latest annual results, Qatar Airways Cargo transported more than 2.8 million tons of cargo during the financial year, including over 1.43 million tons of chargeable freight. The carrier accounted for approximately 12% of the global air freight market during the period, underlining its position as one of the world’s leading cargo operators.
Cargo revenues reached US$4.45 billion in FY26, compared with US$4.92 billion in the previous financial year. The airline said its cargo division remained a key contributor to operational stability as demand for international freight connectivity continued across major global markets.
Qatar Airways Cargo maintained services to more than 160 destinations worldwide through its hub at Hamad International Airport in Doha, which continues to serve as a strategic gateway linking Asia, Europe, Africa, and the Americas.
“It is not often that a single financial year asks an organization to demonstrate both the best of what it can achieve and the depth of what it can withstand,” said Badr Mohammed Al-Meer, Group Chief Executive Officer of Qatar Airways Group. “The 2025/26 financial year did both, and the Qatar Airways Group rose to each in turn.”
The group added that it is continuing to rebuild and strengthen network capacity in response to sustained demand for both passenger and cargo transport services. As part of its long-term growth strategy, Qatar Airways Group also signed agreements with Boeing and GE Aerospace covering up to 210 aircraft and 400 engines to support future expansion across its global network. However, the airline has recently suffered setbacks due to the Middle East crisis. As a result of the hostilities in the Gulf region, QR management canceled many flights to intercontinental destinations, losing market shares to Asian and European competitors in passenger and cargo traffic.
