Preview

Introduction and History of Qantas

Good Essays
Open Document
Open Document
2139 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Introduction and History of Qantas
INTRODUCTION AND HISTORY

PJ McGinnis, Sir Wilmot, Hudson Fysh, Sir Fergus McMaster and W Arthur Baird initiated Qantas. Story of Qantas started in March 1919, when an antecedent Australian Flying Corps officers W Hudson Fysh and Paul McGinnis perceived an offer of a £10,000 ($20,000) prize proposed for acceptance by the Federal Government for the first Australians to fly in a period of 30 days from England to Australia. Fergus McMaster who was a wealthy ranch owner and McGinnis struck up a friendship when Fergus McMaster's car broke an axle and McGinnis assisted to recuperate the vehicle. McGinnis and Fysh sketched out to McMaster, who took a little demonstration about aerodynamics, their plans for an air service, starting off with amusement trips. McMaster, galvanized with excitement, got convinced for business partnership to invest with them. Later, Fysh and McGinnis made a journey to Mascot Aerodrome, Sydney, with their antecedent flight sergeant Arthur Baird as aircraft mechanic, where they gave an order of two Avro aircraft (One of the order got cancelled later). The purchase agreement was in the name of The Western Queensland Auto Aero Service Limited. Later a new company name, Queensland and Northern Territory Aerial Services Limited was adopted, which was, right after that, abbreviated to the acronym 'QANTAS'.

Fergus McMaster was appointed as the Chairman of the company, which was based in Winton. The Qantas fleet, in 1921, was made up of two war surplus biplanes - an Avro 504K with a 100 horsepower (74 kw) water-cooled Sunbeam Dyak engine and a Royal Aircraft Factory BE2E with a 90 horsepower (67 kw) air-cooled engine. From Charles Knight, a Longreach stock and station agent swore nothing would induce him to fly again, the BE2E was obtained for £450 ($900). Keeping the two machines in the air was the toughest work. Avro 504Ks engine, blocked in the thin and hot air, boiled on the shortest trips, pieces fell off in flight. Baird being the

You May Also Find These Documents Helpful

  • Best Essays

    Qantas International

    • 2259 Words
    • 10 Pages

    All over the nation, news of Qantas’ restructuring of Qantas International (QI) has reached ears of many Australians and many have voiced out their concerns on the matter. Qantas International has been the weak link in the operations of Qantas group compared to its domestic, freight, low-cost carrier Jetstar and frequent flyer businesses. Qantas’ new strategy involves expanding its base of operations into the Asian region to capture the market share of a boom in airline activity. With this new strategy, it plans to introduce job- cuts of 1000 employees mainly pilots and engineers. According to the two articles given, the Australian and International Pilots Association (APIA) and the Australian Licensed Aircraft Engineers Association (ALAEA) are pressuring Qantas’ Chief Executive Officer (CEO) Alan Joyce to abolish his downsizing policy. The unions and also the general public wants to keep jobs in Australia instead of having it outsourced to other countries which according to the CEO, will significantly reduce QI’s labour costs and increase their profitability.…

    • 2259 Words
    • 10 Pages
    Best Essays
  • Powerful Essays

    Business report for Qantas

    • 1570 Words
    • 7 Pages

    In 1947 Qantas became a public business enterprise (a company owned and operated by the government) when it was purchased by the Australian Government as there was a monopoly market. The Australian government operated Qantas for a long period of time until they sold 25% of Qantas to British airways in 1993 which began the process of turning Qantas into a private business enterprise. This was completed in 1995 when Qantas was privatised and shares where listed on the Australian Stock Exchange (ASX) after a prospectus was issued. To this day Qantas is still a public company.…

    • 1570 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Qantas Business Report

    • 1721 Words
    • 7 Pages

    The main factors, which caused Qantas to change was that, the business was under government ownership until 1995, with a classical/scientific management structure. Meaning the business maintained a:…

    • 1721 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Qantas Dispute

    • 1435 Words
    • 6 Pages

    The pilots ' union has already begun legal action against Fair Work 's decision with the first directions hearing in the Federal Court set down for December 1.…

    • 1435 Words
    • 6 Pages
    Good Essays
  • Satisfactory Essays

    Qantas

    • 959 Words
    • 4 Pages

    Qantas’ major influences they have to deal in todays market with include globalisation, technology and the increased cost-based competition and the strategies that they have implemented to meet these influences are outsourcing and a mix of established and leading edge technology…

    • 959 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    Select a company listed on the Australian Stock Exchange, find and download the following data…

    • 3525 Words
    • 15 Pages
    Powerful Essays
  • Good Essays

    Qantas Swot

    • 622 Words
    • 3 Pages

    Qantas range of subsidiary business operates in different sector but all of them supporting airlines industry’s activity, such as catering, baggage handling and engineer. This also helped them to control supplier and aircraft maintenance cost.…

    • 622 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Accounting Assignment

    • 5056 Words
    • 21 Pages

    On November 14, 2012, Qantas applied a capital management measure by 1) repaying its $650 million debt earlier than scheduled and 2) investing up to &100 million in an on-market share buy-back. This was fulfilled to reflect the Board’s goal: returning shareholders’ value, maintaining a strong balance sheet while still have the flexibility to engage in the present growth proposal. This measure will be funded by 1) Qantas’ share in Star Track and 2) settlement from Boeing in relation to the group B787 orders (The Official News Room of Qantas Airways Limited, 2012).…

    • 5056 Words
    • 21 Pages
    Better Essays
  • Satisfactory Essays

    humar resource qantas

    • 935 Words
    • 3 Pages

    In order to tackle the above mentioned problems, Qantas is willing to let go certain crew member in order to kick start its international operations which would provide profitability due to the grounding of the Singapore based Tiger airways. These overhauling will pave a new road which will focus mostly on future investments, cost cutting…

    • 935 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    “Qantas has grown to be Australia's largest domestic and international airline. Founded in the Queensland outback in 1920. Registered originally as the Queensland and Northern Territory Aerial Services Limited (QANTAS), Qantas is widely regarded as the world's leading long distance airline and one of the strongest brands in Australia.”…

    • 2901 Words
    • 12 Pages
    Powerful Essays
  • Powerful Essays

    Change Model

    • 2968 Words
    • 12 Pages

    The aim of this essay is to critically analyse the background of the Qantas and its decision to launch Jetstar on May 2004 that operated around 800 flights a week across network of 14 destinations within Melbourne, Sydney and Brisbane. Secondly, this essay will evaluate how Data Collection Feedback Cycle change model is used to gather major information and to critically analyse it. Thirdly, this essay will critically evaluate the background of Qantas and Virgin Blue and will also highlight various reasons that eventually led the Qantas group for the launch of the Jetstar. Fourthly, this essay will also critically analyse the revenue and profit performance of Qantas prior the introduction of Jetstar i.e. 2002. Fifthly, it will continue to critically evaluate the trend in Qantas and Virgin Blue in 2003. Then the sixth paragraph will also critically evaluate the trend in Qantas after the launch of Jetstar. Lastly, the essay will also look into the annual reports of the year 2005-2009 and critically analyse the significant value added by the Jetstar to the Qantas group; and will critically analyse whether the executive decision of Qantas to launch Jetstar in order to retain the 60% domestic aviation market from its competitors has been a strategic success or not.…

    • 2968 Words
    • 12 Pages
    Powerful Essays
  • Better Essays

    Air Nz- External Analysis

    • 1466 Words
    • 6 Pages

    During the past ten years, Air NZ has faced many internal and external problems, such as the losses it faced when it invested $105 million NZD in the year 2000, to become the owner of Ansett Holding, an Australian airline with domestic and international services. Restructuring in 2001 resulted in NZ Government-funded equity rescue package which returned the airline to around 75% state ownership as a ‘kiwi’ share. Not only did this help recover the company but also made it a profitable business (Company Research, 2012). In January 2011 the company announced it had acquired a 14.9% substantial shareholding in Australian-based airline Virgin Blue.…

    • 1466 Words
    • 6 Pages
    Better Essays
  • Good Essays

    History of Indian Airlines

    • 1647 Words
    • 7 Pages

    IAC began operations with a fleet of 74 of the war surplus Douglas DC-3s that had founded its short-lived predecessors. The airline also had three times as many employees as it needed, writes R.E.G. Davies, a situation that was slow to change due to the government's refusal to allow layoffs. Davies also writes that the standard of maintenance was low and the airline suffered many accidents in its early years. IAC soon moved to bolster its fleet by ordering a few new de Havilland 114 Herons, retired after only a couple of years of service, and Vickers Viscount 768s, which were assigned to trunk routes. The DC-3s continued to supply feeder traffic; they soon began to be phased out by Fokker F-27s and Avro 748s. IAC began flying short-haul jets--French-made Caravelles--in the mid-1960s. The Caravelles were so popular that IAC soon needed larger jets to on the routes between Bombay (Mumbai), Delhi, Calcutta, and Madras…

    • 1647 Words
    • 7 Pages
    Good Essays
  • Satisfactory Essays

    Mahindra

    • 1075 Words
    • 5 Pages

    As of 31st March 2012, the Group flagship company Mahindra & Mahindra Ltd. had 110 Subsidiary Companies…

    • 1075 Words
    • 5 Pages
    Satisfactory Essays
  • Good Essays

    Flight Catering

    • 608 Words
    • 3 Pages

    Without flight no flight catering can be invented. He tells about the flight history in his talk. In 1903, Wright brother, Orville and Wilbur were inventing and building the world first airplane and making first controlled, powered and sustained heavier-than air human flight on December 17, 1903. Then, in 1919, the outbreak of World War 1 accelerates the aviation of airplane. The aeroplane turn the sky into new battle field but expand the airplan function as well. KLM was founded in this year, making it the oldest carrier on sky. The first flight was on May 17, 1920, from Croydon Airport, London to Amsterdam carrying two British journalists and a number of newspapers. It was flown by Aircraft Transport and Travel Airco DH 16 callsign G-Ealu piloted by Jerry Shaw. Peter Jones also stated that the KLM had served first pre packaged airline meals, the sandwiches and a cup of coffee. After that the KLM installed a galley wooden cupboard for liquor and glasses. In 1924, Imperial Airways develop in flight service, they also provide most luxurious flying boat in world where travel for 12 days from London to Sydney. Back then, united airlines employed only eight nurses as flight attendants because of the weight problem and only women are employed. Usually on public service officer take the flight because of their task that need to be done. After seeing passenger buy sausage before flight, the Marriott…

    • 608 Words
    • 3 Pages
    Good Essays