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