Qantas Airways Limited
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July 1, 2020
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Qantas Airways Limited

Revenue:
AUD 17,966 million (2019)
Profit:
AUD 891 million (2019)
Employees:
26,441 (2019)
GICS Industry Group:
Headquarters:
Mascot, Sydney, Australia
Founded:
16 November 1920
Current CEO:
Alan Joyce (28 Nov 2008–)
Parent:
This is the ultimate parent

Description

Qantas Airways Limited is an Australia-based multinational airline that is considered the flag carrier of Australia. Qantas is the third oldest airline in the world, after KLM and Avianca, having been founded in November 1920. Qantas is an acronym of the airlines original name - "Queensland and Northern Territory Aerial Services". Qantas began international passenger flights in May 1935 and is sometimes referred to as "The Flying Kangaroo". Qantas is also a founding member of Oneworld, an airline alliance which includes American Airlines, British Airways, Cathay Pacific, Qatar Airways, and more.

The airline is based in the Mascot, Sydney, which is adjacent to its main hub at Sydney Airport. Qantas' other Australian hubs include Melbourne Airport, Brisbane Airport, Perth Airport, and Adelaide Airport. In the financial year ending 30 June 2019, Qantas Group had a fleet of 314 aircraft: 214 aircraft were Qantas Airways (including QantasLink and Network Aviation) specific; 94 aircraft were operated by Jetstar; and 6 aircraft were part of Qantas freight.

In the financial year ending 30 June 2019, Qantas generated AUD 17,966 million in revenue and AUD 891 million statutory profit after tax. In the same year, Qantas' revenue seat kilometres (which is an airline industry metric that shows the number of kilometres traveled by paying passengers) was 127,492 million, Qantas carried 55.8 million passengers, and had a revenue seat factor or passenger load factor (which is a measure of how much of an airline's passenger carrying capacity has been utilised) of 84.20%.

Qantas is listed on the Australian Stock Exchange (ASX) under the code QAN.

In Australian Dollars (AUD)
In Australian Dollars (AUD)
In Australian Dollars (AUD)
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Operating Segments:

Qantas International - Qantas' International segment focuses on the provision of international flights for passengers. Qantas international flights are primarily operated on Airbus A380s, A330-300s, Boeing 747s, 787s and sometimes on Airbus A330-200s and Boeing 737-800s. Passenger class configuration varies by aircraft, with the Qantas Airbus A380 offering a four class configuration of First, Business, Premium Economy and Economy on selected long haul flights. Qantas International also incorporates the operations of Qantas Freight. For the financial year ending 30 June 2019, Qantas International accounted for 39.48% (AUD 7,093 million) of total revenue.

Qantas Domestic - The domestic segment focuses on provided passenger flights within Australia. Qantas domestic flights are primarily operated on Boeing 737-800s, one Airbus A320 and sometimes on Airbus A330-200s and 300s (in peak hours). A two class configuration of Business and Economy is offered. On small routes, an all-Economy configuration may be available. For the financial year ending 30 June 2019, Qantas Domestic accounted for 31.77% (AUD 5,708 million) of total revenue.

Jetstar Group - Jetstar Airways Pty Ltd, trading as Jetstar, is an Australian low-cost airline headquartered in Melbourne. It is a wholly owned subsidiary of Qantas, and was created in response to the threat posed by low-cost airline Virgin Blue entering the Australian market. For the financial year ending 30 June 2019, Jetstar accounted for 21.28% (AUD 3,823 million) of total revenue.

Qantas Loyalty - Qantas Loyalty is designed to drive customer and partner loyalty through our Qantas Frequent Flyer and Qantas Business Rewards programs. According to Qantas, over 12 million members are rewarded with Qantas Points across a range of categories, including travel, financial services, retail, health and wellbeing, food and wine, and small business services. For the financial year ending 30 June 2019, Qantas Loyalty accounted for 8.28% (AUD 1,488 million) of total revenue.

Note: For the financial year ending 30 June 2019, Qantas' corporate function accounted for 0.02% (AUD 4 million) of total revenue. In the same year, unallocated items accounted for -0.83% (AUD -150 million) of total revenue.

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