The report analyzed the financial performance of Qantas and Virgin Airlines in Australia, highlighting their earnings per share (EPS), price earnings ratio, and total assets. The results showed that Qantas has a higher EPS than Virgin, but Virgin's price earnings ratio is higher, indicating positive future performance. Additionally, Virgin's total assets have increased due to an increase in cash or liquidity, while Qantas' total assets have increased due to an increase in stock. The report concludes that Virgin's financial position is stronger than Qantas', with a more robust structural platform for investors. It recommends that Qantas decrease its debts and manage operating expenses systematically to improve profitability.