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QANTAS AIRWAYS TABLE OF CONTENTS MAIN BODY 1

   

Added on  2021-01-01

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QANTAS AIRWAYS
QANTAS AIRWAYS TABLE OF CONTENTS MAIN BODY 1_1
TABLE OF CONTENTSMAIN BODY...................................................................................................................................11. INTRODUCTION.......................................................................................................................12. FINANCIAL PERFORMANCE ANALYSIS.............................................................................13. CONTROVERSIAL MATTERS.................................................................................................33.1 Price fixing scandal...............................................................................................................33.2 Gender discrimination scandal..............................................................................................44. CONCLUSION............................................................................................................................5REFERENCES................................................................................................................................7
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MAIN BODY1. INTRODUCTIONFinancial performance requires to be enhanced so that business may be able to attainefficiency and resources may be utilised up to a high extent. In accordance to this, QantasAirways, giant in airline sector in the Australia will be analysed in the report. It is one of theoldest and largest airline by fleet size based in the Sydney suburb of Mascot having its main hubat Sydney Airport. Firm had a 65 % share in the Australian domestic market in 2014 and hadcarried 14.9 % of inbound and outbound travellers. The airways had strong financialperformance and has acquired businesses such as Jetstar Airways, Qantas Link, Qantas Freight,Qantas Holidays, Snap Fresh etc. While, it has more than 26,000 of employees as of financialyear 2017. Financial performance of organisation will be assessed by getting into account pastyears performances such as 2017 and 2018. For comparing performances, ratio analysis will bepresented which will provide clarity regarding company's performance whether it isunderperforming or adequately performing with reference to past two years. On the other hand,controversial matters will be discussed and analysed with regards to airline company. Twoscandals such as Price fixing scandal and Gender discrimination scandal will be scrutinised byreferring to case and analysing reason behind such scandals which have damaged businessreputation.Corporate social responsibility is meant to ensure that company conducts its operations inethical manner. Qantas Airways is required to kept into account elements such as social,economic, environmental impact and also considering human rights. On the other hand,sustainability and environmental issues are required to be taken into consideration byorganisation. The sustainability and environmental issues such as reduction of aircraft noise,land-use planning measures and operating restrictions should be in accordance to InternationalCivil Aviation Organisation (ICAO) and Qantas Airways should meet the standards accordinglyso that environmental impact may be reduced up to a major extent in effective manner.Moreover, proper security and safety measures needs to be adopted so that it can sustain in thelong-run. Hence, overall analysis will be conducted of Qantas Airways and financialperformance will be assessed.1
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