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Financial and Economic Interpretation of Qantas Airlines

   

Added on  2022-10-01

8 Pages1465 Words406 Views
Running head: FINANCIAL AND ECONOMIC INTERPRETATION OF QANTAS
AIRLINES
FINANCIAL AND ECONOMIC INTERPRETATION OF QANTAS AIRLINES
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FINANCIAL AND ECONOMIC INTERPRETATION OF QANTAS AIRLINES
Table of Contents
Executive Summary...................................................................................................................2
Interpretation..............................................................................................................................2
Conclusion..................................................................................................................................4
References..................................................................................................................................6

FINANCIAL AND ECONOMIC INTERPRETATION OF QANTAS AIRLINES
Executive Summary
This report presents a discussion on the financial performance of Qantas Airways
Limited. It is one of the oldest airlines in Australia, which was established in 1920. The
headquarter is situated in Sydney. It becomes the largest airlines in the country when it
acquired Australian Airlines in 1992. The main area of operation is the transportation of
commuters and freight. The financial report analysis aims to provide a brief idea about the
financial performance of the organization. This will guide the stakeholders to invest in the
shares of Qantas Airways Limited.
Interpretation
The core business area that the organization deals with is the operation of international
and domestic air transportation services. Qantas Airways Limited also has an operation of
a frequent flyer loyalty program and provision of freight services (Xian 2018). It offers
two types of airline, one is Qantas and other is Jetstar, these operates in international,
domestic and regional areas. The air quotes of Qantas are throughout Australia, Europe,
America, and New Zealand.
As per the financial performance is concerned, there is an increase in the total revenue
from $17,128 million to $17,966 million. But there is a decrease in the net profit from
$953 million to $891 million. Shareholders have received $1 billion in capital during the
financial year of 2019. The profit before tax has also decreased from $1565 million to $
1302 million. The board declared a final dividend of 13 cents per share, which amounts to
$204 million.
As Qantas operates one of the largest air travel markets in the world, there are huge
chances of verifying the trends in that business market. The organization follows the

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