Gulf Insider
Qatar Airways posted a net profit of QAR 7.08 billion ($1.94 billion) for the financial year ended 2025/26, a 7 per cent decline y-o-y. The airline has been working through a year marked by geopolitical disruption and airspace closures that hit Doha’s role as one of the Middle East’s key global transit hubs. The state-owned carrier said Wednesday that its final month was affected by “significant geopolitical events”, even as it carried 41.8 million passengers during the year and continued rebuilding its international flight schedule. The results come after the US-Israel-Iran war triggered one of aviation’s biggest crises since the COVID-19 pandemic, with temporary airspace closures across parts of the Middle East forcing thousands of flight cancellations and route disruptions since the conflict escalated earlier this year. For Qatar Airways, the conflict struck at the heart of its hub-and-spoke model. Doha’s Hamad International Airport is one of the region’s busiest transit gateways, and disruptions to regional airspace affected schedules, connections and passenger flows. During the crisis, Qatar Airways also operated special flights as it worked to restore network connectivity. In fact, the airline only recently resumed its UAE operations, resuming flights betweeen Doha and Abu Dhabi on May 13. Rebuilding stage Despite […]
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