Qantas Is The World 's Third Most Seasoned Carrier

1) Qantas Airways Limited is the national airline of Australia, it is also the largest airline in Australia. The Qantas Group’s principal business is providing domestic and international air transport services for passengers. Additionally, Qantas owns several subsidiary companies such as Jetstar and QantasLink that also operates flights to domestic and international locations, and Q Catering, a premium full service flight caterer.

Qantas’ financial performance has been very successful in recent years with the business recovering strongly from GFC and a large decrease in revenue to ear 377 million in 2010. The effective financial performance has been the result of effective profitability, liquidity, efficiency, return on capital, good solvency and growth including the establishment of a new airline (jet star).

• Qantas had lost 11% of its international air traffic and profits fell by $300 million.

Founded in Queensland Australia in 1920, Qantas has now become Australia 's biggest name in relation to domestic and international airline. Originally registered as the Queensland and Northern Territory Aerial Services Limited (QANTAS). Qantas is widely regarded as one of the world 's top airlines and one of the strongest brands in Australia. Over the years it has managed to build a reputation for excellence in

Qantas Airways, an airline national Australian created in 1920 is the world organization of the second oldest airline headed toward a century of age in 2020 (Harcourt, 2004

These main business objectives help the airline to focus on deliver quality services of the customers. Qantas main business is passengers transports and it is the world’s second oldest airlines. Qantas group operates approx 5600 flights in a weak in 59 cities of regional areas. Internationally, the group operates around 970 flights (Qantas-630 and Jetstar-340) in 44 counties 182 destinations. Moreover, through operations the group focused on five key elements that are right aircraft or right

In 2014 Qantas Airways LTD reported the deepest loss in the airline’s history. Qantas informed they made massive losses and cut thousands of jobs (Ross K, 2014). The situation was caused by write-downs, higher fuel costs, weak demand in Australia and market capacity growth outstripping demand (Creedy S, 2014). Qantas chief executive Alan Joyce said that the company needed to take measures to fix the airline. Qantas Frequent Flyer is a loyalty program. A person who flies Qantas Airlines, books a hotel or rents a car can earn points and exchange them for rewards. Qantas Frequent Flyer has a value of $3 billion (Wardell J, 2014).

Qantas Airways Limited is an Australian “flag career” company where it earns most part of revenue from providing air transport services. The airline has widespread domestic and international airline network, which combines services of Qantas, Jetstar and regional network operator QantasLink. The industry also provides services across a network in Australia, the United States, the Asia-Pacific region, South America, Africa and Europe. Qantas Airways Ltd. was found in November 1920 under the name Queensland and Northern Territory Aerial Services Limited (QANTAS). Qantas’s customers have an access to the hundreds of destination and airport lounges across the world. This Oneworld Alliance supports Qantas’ domestic activities as it enhances the company’s exposure to international travellers, who often transfer to domestic flights at major Australian airports.

* Although Qantas Airways has expanded to other international market, still majority of its revenue is generated from Australian market. The group generates almost 72.6% of its revenue from the Australia. This over-dependence on Australia could have a dampening effect on group 's revenues if the economy in Australia does not grow as expected.

Qantas is an Australian airliner that was founded on November 16, 1920 in the outback of Queensland. Eventually the company would move its headquarters to Longreach, Queensland. The name Qantas is an abbreviation for Queensland and Northern Territory Aerial Services Limited (Qantas, 2016). Like many companies, Qantas begin with mail and passenger flights from Charleville to Cloncurry. In the early years of service, the company used fragile biplanes, that carried one to two passengers in an open cockpit. Between 1926 to 1934, Qantas changed the company to Qantas Empire Airways Limited, took on experimental services for the UK, moved its headquarters to Brisbane, and begin building its own aircraft (Qantas, 2016). In 1935, with a DH86, Qantas took its first flight overseas, from Darwin to Singapore carrying mail. During the wars, Qantas built an engine overhaul in Sydney, Australia, where the company moved in 1938. Qantas assisted with evacuating personnel, dropped off supplies to troops, and in 1944 the company adopted the

The Jetstar group is a network of value based airlines that provide affordable Austrlia,Newzealand and pacific region.It is launched in 2004 and they have flown over 130 million passengers and become the largest low cost carrier in the asia pacific by revenue .Their business mission is to offer 24/7 low fares enable more people to travel to different places,more often .In the beginning they started with 400 emplyees but now they have more than 7,000 multilingual employees and embassadors across asia pacific today.They have group consists of five airline are Jet star Australia and Newzealand (Wholly owned by quantus group). Jet star asia in Singapore ,Jetstar pacific in vietnam,Jet star Japan and Jetstar hongkong. Jetstar brand airlines have combined fleet of more than 110 aircrafts.

QANTAS operates an average of 450 domestic flights daily and around 540 international flights every week,

Founded in 1920, Qantas has grown to be Australia’s leading domestic and international airline. The company has built “a reputation for excellence in safety, operational reliability, engineering and maintenance, and customer service.” Today, Qantas offers services across 182 destinations in 44 countries, which include Australia, Asia and the Pacific, the Americans, Europe, the Middle East and Africa.

From July 2013 to July2014, Qantas reported a statutory loss of 2.84 billion dollars (Qantas, 2014, p1) and job cuts of approximately 5,000. (Boyle, 2014, p3) According to some commentators continued decline of this scale would bankrupt the airline. (Mccrann, 2014)

Before the alliance, Qantas had an alliance with British airways and in 2004 they held 3% of the market share but in 2013 they were not to be seen as one of the top market sharers. Also, as shown in figure 3, in 2006 Emirates had joined the Australian market first than the other two gulf carriers and had an outstanding amount of 630,000 seats to Australia. While Emirates was making a big impact in Australian market, Etihad joined in 2007 right after Emirates, however they were not as successful as Emirates. Etihad gradually gained passengers and in 2009 when Qatar airways joined, they had approximately 290,000 passengers. By the end of 2015 Etihad had the same number of seats to Australia as Emirates had in 2005 and Qatar Airways was even smaller. As shown from figure 3, Qatar Airways had Etihad’s 2008/2009 seats to Australia in 2015. (CAPA,2015). Although Qantas still remains with the most market share in Australia, Emirates is showing its capabilities to dominate the Australian market.