Qatar Airways Group has reported that cargo revenue grew by 16.8 per cent to QR10 billion ($2.74 billion) on the back of cargo capacity expansion of 11.8 per cent in the 2018/19 fiscal year.

The airline said during the period it transported 1.4 million tonnes of cargo, an increase of 6.8 per cent year-on-year and it added it is now the second largest cargo carrier in the world.

However, the Group as a whole posted an overall net loss of QR2.3 billion for the period ending 31 March, as losses at Air Italy and a 36 per cent rise in fuel costs pulled performance down.