Qantas: o o o o o o o o o o o o o o o o o

HISTORY OF QANTAS: Qantas is Australia’s largest domestic and international airline. Passenger and freight carrier Other operations: catering, tourism and E-commerce devoted to transport and travel World’s second oldest air line 1920 - Founded in the Queensland outback as the Queensland and Northern Territory Aerial service 1947 – Qantas bought the British share of Qantas Empire Airways - Nationalised when purchased by the Commonwealth Government. 1991 – The Australian domestic airline industry in deregulated (remove regulations or restrictions from.) 1993 – British Airways buys 25% of Qantas 1995 – Qantas is privatised 1999 – Qantas joins the Oneworld Alliance. (One of the three largest airline alliance) 2001 – Terrorist attacks (September 11) reduce international travel, but is balanced from Ansett’s collapse on Sep. 12. 2002 – launches Australian Airlines 2003 – the war in Iraq and SARS virus reduce travel and impact profits 2004 – Qantas achieved a record net profit and launches 2 new discount airlines: Jetstar and Jetstar Asia. 2005 – new record profit by responding to competition and increasing oil prices 2006 – fall in profit due to soaring fuel prices. Launches Jetstar International – targets China and expands freight business. 2007 – Net profit jumps due to the success