The group Qatar Airways recorded a record net income of US$1,54 billion (about R$7,78 billion) during the 2021/22 fiscal year. Overall revenue increased to $14,4 billion, up 72,76% year-over-year and a notable 78% more than the full pre-COVID fiscal year (i.e. , 2/2019). enger revenue increased 20% last year, driven by Qatar Airways' network growth, increased market share and higher unit revenue for the second consecutive fiscal year. Qatar Airways carried 210 million engers, an increase of 18,5% compared to last year.
This profit is not only a record for the Qatar Airways Group, but also a record among all other airlines that have published financial results for this fiscal year worldwide.
Qatar Airways Cargo continued to be the main player in the world, as its revenue experienced an impressive growth of 25% compared to last year, with the growth of its cargo capacity (available tonne kilometres). ”) of 25% per year.
The Group generated a strong EBITDA margin of 34% at US$4,9 billion (about R$24,76 billion). EBITDA was up year-on-year by US$3,2 billion (about R$16,17 billion) due to agile, effective and fit-for-purpose operations across all business areas. These record gains are the result of decisions taken during the pandemic to expand Qatar Airways' enger and cargo networks, more accurately forecast the global market recovery, building even greater customer and trade loyalty, and uniting product excellence with strong cost control.
Despite the challenges of COVID-19, the national carrier of the State of Qatar has grown to more than 140 destinations in 2021/22, opening new routes including Abidjan, Cote d'Ivoire; Lusaka, Zambia; Harare, Zimbabwe; Almaty, Kazakhstan and Kano and Port Harcourt, Nigeria, in addition to resuming flights to key markets in Europe, Africa, the Middle East and Asia. Qatar Airways has continuously operated the largest air network of all airlines in the Middle East, both in of the number of destinations served and weekly flights.
Throughout this year, Qatar Airways Group has maintained a rich and successful portfolio of regional and global partnerships to champion the brand around the world, including global sports clubs – Al Sadd SC, Boca Juniors, Brooklyn Nets, FC Bayern München and Paris Saint-Germain, the partnership with the South American Football Confederation (CONMEBOL) and FIFA. The group also continued to show its unwavering commitment to giving back and ing communities and charitable initiatives throughout 2021/22. In addition, Qatar Airways Group is constantly setting new benchmarks in environmental sustainability for the aviation industry and recently released its 2021 Sustainability Report to highlight the Group's key initiatives and commitment to the environment and sustainability.
In the context of disruption during the pandemic, Qatar Airways Cargo transported over 3 million tonnes of air cargo and secured 8% global market share. Cargo has also transported more than 600 million doses of COVID-19 vaccines throughout the pandemic to date, and has also focused its efforts on enhancing its renowned pharmaceutical product and industry presence, as well as ensuring commitment to its pioneering initiative. WeQare, which consists of a series of positive and impactful actions in the form of chapters based on the central pillars of sustainability – environment, society, economy and culture.
As the world continues its recovery from the devastating impact of COVID-19, Qatar Airways remains committed to keeping engers and cargo moving around the world, maintaining and building on the exceptional standards of our first 25 years of operation, which have earned us the award for being the best airline in the world.
