Preview

How Can Qantas Airlines Grown To Become Australia's Success?

Satisfactory Essays
Open Document
Open Document
303 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
How Can Qantas Airlines Grown To Become Australia's Success?
The QANTAS is the second oldest airline after Dutch based KLM and was founded in 1920 in the Queensland as Queensland and Northern Territory Aerial Service Limited. It has build a reputation for excellence in safety, customer service, engineering and maintenance and operational reliability with these factors Qantas has grown to become Australia’s largest domestic and international airline with approximately37,000 staff and a network that covers around 135 countries with over 600 destinations around the world . Today, Qantas is widely regarded as the world's leading long distance airline and one of the strongest brands in Australia. (http://www.fratfiles.com/essays/128861.html?link=opp_read_sponsore). Qantas is one of the most successful airlines
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Powerful Essays

    Aussie Air Government Strategy Paper
    • 3829 Words
    • 11 Pages

    Aussie Air Government Strategy Paper

    The airline is vital to the economy in Australia. It is among the largest corporations and employers of the country and is responsible for enabling the growth of tourism within Australia as well. It has a current market capital value of AU$11 billion. It is also used to maintain domestic transportation schedules with companies to coordinate their events.…

    • 3829 Words
    • 11 Pages
    Powerful Essays
    Read More
  • Better Essays

    Virgin Australia Marketing Plan
    • 2473 Words
    • 10 Pages

    Virgin Australia Marketing Plan

    In the case of Qantas, the organization is highly formalized which implies the presence of strict regulations, compliance and minimal discretion over what has to be done. First of all being an Australian airline operating globally, it has to comply with numerous laws and regulations within and outside Australia. Examples of such regulations include the Qantas Constitution, Qantas Sales Act, Qantas Corporate Governance Statement, Best Business Practices and etcetera. It is also imperative for the company to comply with Competition laws in Australia and globally.…

    • 2473 Words
    • 10 Pages
    Better Essays
    Read More
  • Powerful Essays

    Business report for Qantas
    • 1570 Words
    • 7 Pages

    Business report for Qantas

    The main focus of this report is to identify the legal classification, the characteristics, the life cycle stage of Qantas and one internal and external stakeholder that is affected by the activates of Qantas. The legal classification describes that Qantas is a public company and has changed its legal classification in the growth and maturity stages of the business life cycle. The characteristics of Qantas talks about the company's industrial classification and sector classification. The business life cycle is explained and gives reason why Qantas is in the renewal stage of post maturity. There is also description of one internal and external stakeholder and what duties Qantas has to them.…

    • 1570 Words
    • 7 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Hing Yeung Wong 3249438 ACCT5910 Project
    • 5312 Words
    • 20 Pages

    Hing Yeung Wong 3249438 ACCT5910 Project

    Qantas Groups’ performance over the 2007 to 2011 period has been relatively poor mainly as a result of the global financial crisis adversely affecting the firm’s international operations. Strategically, Qantas is likely to continue to dominate the domestic airline industry with the success of Jetstar prompting expansion into the Asia Pacific region. The most significant threats facing Qantas include high fuel prices, the value of the Australian dollar and industrial action. A comprehensive financial analysis reveals that compared to other airlines, Qantas is showing strong signs of recovery despite there being inherent weaknesses in its liquidity. A review of the firm’s annual report revealed the presence of various accounting issues such distortion in its depreciation calculation, however it was determined that they were not significant enough to greatly affect Qantas overall financial position. Overall the firm was found to be in a financially sound position and through the implementation of its “QFuture” program; profitability is expected to continue to improve in following years. An evaluation of the Group’s equity found that the stock price for which Qantas is currently trading is overvalued by $0.50. This is further supported by the fact that over the last year the price of Qantas stocks has been subject to a downward trend suggesting that investors may have already identified the overvaluation. As a result of the findings of our analysis we therefore make a “sell” recommendation for Qantas stock.…

    • 5312 Words
    • 20 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Australian Airline Industry - Essay
    • 1142 Words
    • 5 Pages

    Australian Airline Industry - Essay

    Identify a market for tourism or hospitality services in the Asia Pacific region that is essentially oligopolistic in nature. Analyse the pricing and supply strategies of the key firms operating in this market.…

    • 1142 Words
    • 5 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    Qantas
    • 959 Words
    • 4 Pages

    Qantas

    Qantas made sure that they could sustain their competitive advantage within the market by ensuring that they got leading edge and established technology that was well reviewed and started outsourcing the right things to keep the operations effective and efficient…

    • 959 Words
    • 4 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Qantas Analysis
    • 683 Words
    • 3 Pages

    Qantas Analysis

    to the Members of Qantas Airways Limited REPORT ON THE FINANCIAL REPORT We have audited the accompanying Financial Report of Qantas Airways Limited (Qantas), which comprises the Consolidated Balance Sheet as at 30 June 2011, and Consolidated Income Statement, Consolidated Statement of Comprehensive Income, Consolidated Statement of Changes in Equity and the Consolidated Cash Flow Statement for the year ended on that date, notes 1 to 36 comprising a summary of significant accounting policies and other explanatory information and the Directors’ declaration of the Group comprising Qantas and the entities it controlled at the year’s end or from time to time during the financial year (Qantas Group). Directors’ Responsibility for the Financial Report The Directors of Qantas are responsible for the preparation of the Financial Report that gives a true and fair view in accordance with Australian Accounting Standards and the Corporations Act 2001 and for such internal control as the Directors determine is necessary to enable the preparation of the Financial Report that is free from material misstatement whether due to fraud or error. In note 1(A), the Directors also state, in accordance with Australian Accounting Standard AASB 101 Presentation of Financial Statements, that the Financial Statements of the Group comply with International Financial Reporting Standards. Auditor’s Responsibility Our responsibility is to express an opinion on the Financial Report based on our audit. We conducted our audit in accordance with Australian Auditing Standards. These Auditing Standards require that we comply with relevant ethical requirements relating to audit engagements and plan and perform the audit to obtain reasonable assurance whether the Financial Report is free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the Financial Report. The…

    • 683 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    Qantas' Stakeholders
    • 351 Words
    • 2 Pages

    Qantas' Stakeholders

    Stakeholders are all groups and individuals who have an interest in the company being analysed. In order to focus on these groups which have the power to influence, corporate level activities have to be identified first. This can include large shareholders, governments and trade unions. The power and interest of those stakeholder groups have an impact on the process by which strategy develops at the corporate level and in each individual business. (Williamson et al, 2004, pg. 9)…

    • 351 Words
    • 2 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Qantas Report
    • 466 Words
    • 2 Pages

    Qantas Report

    Qantas is one of Australia’s top leading airways, it was found on the 16th November 1920 in Winton Queensland. Qantas carries a 65% share of the Australian domestic market and carries 18.7% of all passengers travelling in and out of Australia…

    • 466 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Influences That Contribute To Business Success: Case Study
    • 1145 Words
    • 5 Pages

    Influences That Contribute To Business Success: Case Study

    Qantas have taken advantage of new models of planes that have a greater capacity and are more efficient such as the new A380 Airbus generates half the noise, uses less fuel and carries up to 900 passengers which is much more than the 747. Development of in-flight entertainment systems and seating have made travel more comfortable and consequently entice to customers to select Qantas over competing airlines. Therefore through Qantas use of technology they have managed to reduce costs and improve profitability as well as enticing consumers to choose Qantas over competitors through improved…

    • 1145 Words
    • 5 Pages
    Good Essays
    Read More
  • Good Essays

    Australian Airline Industry
    • 422 Words
    • 2 Pages

    Australian Airline Industry

    Statistics 2005-06) to fulfil the needs of the fun and consuming lifestyle of the new…

    • 422 Words
    • 2 Pages
    Good Essays
    Read More
  • Best Essays

    JetStar Digital Marketing Report
    • 4038 Words
    • 15 Pages

    JetStar Digital Marketing Report

    Jetstar Airways Proprietary Limited are a completely owned subsidiary of the Qantas Group, they operate across 19 different Australian destinations, and 17 overseas destinations. They were established in May 2004. Jetstar’s fleet across Australia and New Zealand is made up of 80 aircraft. Their focus is on providing a low-cost or “value based” airline, and commit to doing so by ensuring a “price beat guarantee” where, if challenged, they pledge to beat rival airlines by 10% (JetStar, 2015). Their current brand slogan is “Low Fares Forever”.…

    • 4038 Words
    • 15 Pages
    Best Essays
    Read More
  • Good Essays

    Corporate Governance Qantas
    • 901 Words
    • 4 Pages

    Corporate Governance Qantas

    To ensure the benefit of everyone concerned in an organisation, corporate governance must be enforced. Corporate governance is a term that refers broadly to the rules, processes, or laws by which businesses are operated, regulated and controlled (Search Financial Security, 2008). It involves internal factors defined by the officers, stockholders or constitution of a corporation, but also involves external factors such as consumer groups, clients and government regulations. When an organisation has a well-defined and enforced corporate governance, it makes sure the organisation adheres to accepted ethical standards as well as to formal laws.…

    • 901 Words
    • 4 Pages
    Good Essays
    Read More
  • Good Essays

    Qantas' Introduction
    • 366 Words
    • 2 Pages

    Qantas' Introduction

    Qantas Airlines, initially known as Queensland and Northern Territory Aerial Services Limited (QANTAS), was founded by two former war pilots, Wilmot Hudson Fysh and Paul McGinness, in 1920 at Queensland, Australia. Qantas is the flag carrier airline for Australia and it is the second oldest airlines in the world. Qantas Airlines headquarters is located in Mascot, Sydney, New South Wales with its major hub at Sydney Airport.…

    • 366 Words
    • 2 Pages
    Good Essays
    Read More
  • Best Essays

    Qanatas Marketing
    • 2055 Words
    • 9 Pages

    Qanatas Marketing

    Qantas offers a wide range of products and services including premium brand, Qantas, and low cost brand, Jetstar. Qantas has divided in to international and domestic flight. In term of international flights, Qantas offers first, business, premium economy and economic class, which passengers receive different services of seat, dining, and amenity collections as they paid. In case of Domestic flight, Qantas offers two travel classes: Business and Economy. Domestic inflight services include meals, snacks and audio-visual entertainment. Qantas' Cityflyer provides passengers travelling between Brisbane, Adelaide, Canberra, Perth, Melbourne and Sydney added more flights and seats than other airways with extra services such as complimentary…

    • 2055 Words
    • 9 Pages
    Best Essays
    Read More