The Qatar Airways Group has made strategic investments in technologically-advanced aircraft, allowing the airline to stay agile in responding to opportunities and challenges. In the financial year 2023/24, the Group saw an increase in the market value of its investments in leading global airlines as they recovered from the COVID-19 pandemic. Qatar Airways Group received dividend inflows from these investments, further enhancing its financial performance.
Looking ahead, Qatar Airways Group is optimistic that these investments will continue to support the airline’s growth and contribute to its long-term sustainability objectives. The Group’s core investment portfolio includes holdings in International Airlines Group (IAG), LATAM Airlines Group, Cathay Pacific Airways Ltd, and China Southern Airlines. IAG, a multinational airline holding company, includes major European aviation brands like British Airways and Iberia.
In July 2023, Qatar Airways Group expanded its partnership with IAG, joining forces with British Airways and Iberia to create the world’s largest airline joint business covering 60 countries. LATAM Airlines Group is the leading airline group in Latin America, operating in five domestic markets in South America, as well as international routes within the region and beyond. Cathay Pacific, based in Hong Kong, offers passenger and cargo services to various destinations across Asia, North America, Australasia, Europe, and Africa.
China Southern Airlines, the largest airline in China, serves both domestic and international routes. Throughout the 2023/24 financial year, Qatar Airways Group continued to expand its network and demonstrate adaptability. The airline maintained high levels of trust, reliability, and confidence with passengers by offering seamless connectivity to over 170 destinations worldwide. Qatar Airways also announced upgrades to its fleet, including a redesign of the premium Qsuite Business Class and plans for a unique First Class cabin experience combining commercial and executive jet comforts for the first time.
In conclusion, Qatar Airways Group’s strategic investments in leading global airlines have proven to be beneficial, with increased market values and dividend inflows. The Group remains confident that these investments will support the airline’s growth and sustainability objectives in line with Qatar’s vision for 2030. By expanding partnerships and enhancing passenger experiences, Qatar Airways continues to strengthen its position as a leading global airline.
