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Showing posts with label resilience. Show all posts
Showing posts with label resilience. Show all posts

Thursday, 21 May 2026

Qatar Airways reports big profit despite headwinds



Qatar Airways Group has announced a post-tax profit of US $1.94 billion for financial year 2025-26.

The Middle East carrier says the results "demonstrate a robust performance against a final month impacted by significant geopolitical events" despite a 7% drop in profits.

The Virgin Australia partner said it "continued to develop, innovate and provide world-class services and experiences to passengers and businesses".

The airline carried more than 41.8 million passengers, maintaining extensive global connectivity through Hamad International Airport. while the airline's cargo division advanced its position as the world’s largest air freight carrier with a 12% global market share.

Qatar Airways also maintained industry‑leading punctuality, achieving an 86% on‑time performance, placing it among the top five most punctual carriers worldwide.

"It is not often that a single financial year asks an organisation to demonstrate both the best of what it can achieve and the depth of what it can withstand," said Qatar Airways Group Chief Executive Officer Hamad Al-Khater.

"The 2025-26 financial year [ending March 31] did both, and the Qatar Airways Group rose to each in turn.

"These results speak to the strength of this Group across every measure that matters - a strong balance sheet, industry-leading operations, partnerships of real depth, and people who maintained the standards this group is known for, even under the most demanding conditions.

"Behind every result are 57,800 people, working across more than 90 countries. In the final weeks of the financial year, many of them were managing an active crisis with a standard of professionalism that defines this organisation as much as any financial metric, and it deserves to be recognised.

"We are actively rebuilding our global network with the confidence that comes from a balance sheet that has never been stronger, partnerships that proved their depth when we needed them most, and an organisation that has demonstrated, under genuine pressure, exactly what it is capable of.”

Monday, 11 May 2026

Get ready for Alan Joyce in his own words

 

Love him or hate him, former Qantas chief Alan Joyce knows how to command attention. 

Now Joyce is preparing to release his autobiography: Riding The Jetstream in August. 

"Some exciting news I've been waiting a long time to share," Joyce announced on LinkedIn.

"For the past year, I've been working on a book - a memoir of my life and career. Today I can finally tell you it's real and that you can pre-order it.

"When I sat down to research and write it, I had two motivations.

"The first was to set the record straight on what actually happened during my career: the Global Financial Crisis, the grounding of the Qantas fleet in 2011, the industrial battles, the unrelenting public scrutiny, and the period that brought global travel to a standstill: COVID-19. So much was written and said in real time. I wanted to tell it as it actually unfolded, in the room, under pressure, with every decision carrying enormous consequences for tens of thousands of people.

"The second reason was more personal. I wanted to encourage young leaders to learn from my successes and my failures,  because I think that's where the real lessons sit. I grew up in a working-class home in Dublin, the son of a cleaner and a factory worker, and I found my way out through numbers: mathematics, then management science, and eventually into the complex and volatile world of aviation. Aer Lingus. Ansett. Founding Jetstar. And then, at 42, being appointed CEO of Qantas. The path from there to here was never a straight line, and it certainly wasn't easy.

"This book is also about resilience, what it actually feels like to lead through a crisis when there is no playbook. It's about leadership under genuine pressure, the kind that doesn't relent. And as one of the few openly gay CEOs in corporate Australia, it's also about what it took to use that platform for something bigger than the bottom line, including the campaign for marriage equality.

"During nearly three decades in aviation leadership, I had the privilege of working with some of the giants of the industry. And as CEO of Qantas, I worked alongside some extraordinary people whose advice, courage and commitment I will always cherish. This story belongs to them too."

Details here: https://publishing.hardiegrant.com/en-au/books/alan-joyce-by-alan-joyce/9781761452277