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Overview of Qantas Airways Limited

   

Added on  2023-01-13

7 Pages1315 Words57 Views
Report
Overview of Qantas Airways Limited_1
Table of Contents
1. Overview of the company .......................................................................................................3
5. Content of the final reports .....................................................................................................3
REFERENCES................................................................................................................................1
Overview of Qantas Airways Limited_2
1. Overview of the company
Qantas Airways Limited is seen as an Australian based corporation that operates its
business domestically and internationally. It is mainly engaged in operation of an international
and the domestic air transportation facilities and is said as the operation of the frequent flyer in
terms of the loyalty program. Majorly its segment includes Qantas Domestic, Jetstar group,
Qantas Loyalty, Qantas international and the corporate. It is the number one or leading Airline
company in Australia in Asia pacific region and is said as the tenth largest Airline company
across the globe.
Qantas connects the Australia to around 81 destinations in the other 40 countries globally
and operating as in providing extensive domestic related services in New Zealand as well as
Australia. Along with its flagship line, company operates its business in various regional airlines
in the Australia and is a partner in the budget start-up in Singapore (Overview of Qantas, 2018).
Qantas and its related regional subsidiaries carries out more than or higher than 30 million
passengers for a year. The company maintains large number of the alliances and the code share
arrangements, it is the member of one world global alliance in Airline that is led by an American
Airlines and the British Airways group that in turn is seen as the largest shareholder along with
18% of interest. The location of the company is stated as Winton, Queensland, Australia
where it commenced with its operations in the year 1921 in month of march. There are several
hubs of Qantas that includes Brisbane, Sydney, Melbourne Airport along with secondary hubs
that includes Adelaide and Perth Airport. Qantas is the large size organization having large
number of employees around 26150 and revenue of value $ 17.06 billion with an operating
income of $ 1.79 billion. An enterprise is having 65% of the market share in Australian domestic
market and in carrying 14.9% of all the passengers who are travelling in and outside the
Australia.
5. Content of the final reports
Revenue- From an annual report of the company it has been reviewed that major revenue
of Qantas is been generated from the passenger and some part of the income from Freight and
other types of the income (Juárez, Pérez and Useche, 2017). This is because as the firm is
operating in Airline business so revenue from the passengers is counted as the main business
sales or operative revenue for an entity. Over the two year that is from 2017- 2018, revenue of
Overview of Qantas Airways Limited_3

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