Business
Qatar Airways Cargo lifts more freight in 2023-24
As of March 31, Qatar Airways Cargo had a dedicated fleet of 29 aircraft
With a tonnage of 1,569,512,700kg in chargeable weight, Qatar Airways Cargo increased market share to 7.1% in the fiscal 2023-24, national airline said in its latest annual report.
Qatar Airways Cargo lifted more freight in 2023-24 as the national airline’s freight subsidiary celebrates 20 years of operations in 2024.
With a tonnage of 1,569,512,700kg in chargeable weight, Qatar Airways Cargo increased market share to 7.1% in the fiscal 2023-24, national airline said in its latest annual report.
As one of the carrier’s primary areas of business development focus, digitalisation and transformation has been the driving force behind Cargo’s key enhancement for the 2023/24 fiscal year – the introduction of real-time pricing to its online booking platform – ‘Digital Lounge’.
The Digital Lounge enables customers to book cargo immediately at the “best price” available in the industry to date, with the portal taking more than 200,000 online bookings since its inception, contributing towards an increase in cargo’s market share to 7.1% during the 2023/24 financial year, up by 0.04% compared to previous financial year.
As of March 31, Qatar Airways Cargo had a dedicated fleet of 29 aircraft. The subsidiary has a firm order for 34 Boeing 777-8 (and options for 16 more), to augment its streamlined fleet of Boeing 777 freighters.
The report noted that Qatar Airways Cargo has maintained its position as the world’s leading air freight carrier in 2023-24, bringing great enhancements to its services and sharply accelerating its digital transformation by retiring its last Boeing 747 aircraft and transitioning to an all Boeing 777F fleet.
The cargo carrier currently operates to more than 170 belly-hold and over 70 freighter destinations, utilising more than 200 passenger aircraft and its 28 Boeing 777 freighters.
Qatar Airways Cargo continued to launch new freighter services, including Algiers, Bogota, Dallas Fort Worth, Dammam, Miami, Sharjah, and Warsaw during 2023/24.
In the Middle East, Qatar Airways Cargo revamped its network to introduce new and resumed destinations, as well as adding more frequencies to Dubai and Riyadh and opening Sharjah.
In Europe, the cargo carrier improved its footprint in Amsterdam and Frankfurt by adding a further weekly and eight weekly frequencies, respectively.
In Asia, Qatar Airways Cargo expanded its presence to better serve e-commerce customers, adding services to Macau and charter operations to China.
Additionally, passenger belly cargo flights were added to several destinations, including Chengdu and Chongqing (China) Tokyo Haneda and Osaka (Japan), Lyon, Nice, and Toulouse (France), Marrakech (Morocco), Penang (Malaysia) and Phnom Penh (Cambodia).
