Qantas was founded in 1920 in Central Queensland. Since its inception the Qantas has grown to become one of the world’s most recognised, resilient and trusted airlines, playing a leading role in the development of the global aviation industry and also in becoming Australia’s largest domestic and international airline . Although Qantas’ key focus remains the transport of airline passengers, it has grown over time to include 5 key segments: Qantas Domestic, Qantas International, Qantas Freight, Jetstar (Qantas’ low cost carrier arm) and Qantas Loyalty (Qantas’ frequent flyer program).
This report provides an evaluation of the financial status and risk of Qantas, with a focus on the analysis of company’s end of financial results