Preview

Qantas Marketing Audit

Good Essays
Open Document
Open Document
1132 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Qantas Marketing Audit
Qantas is the world's second oldest airline, having been founded in the Australian outback in 1920. It is Australia's largest domestic and international airline. The name comes from the initial letters of the words in the original registered title—Queensland and Northern Territory Aerial Services Limited.
The Qantas Group employs approximately 32,500 people and operates a fleet of over 250 aircraft, comprising Boeing, Airbus and Bombardier aircraft from full-size long-haul aircraft to smaller short haul aircraft. The Group offers services across a network spanning 182 destinations in 44 countries
(including those covered by code share partners). International Air Transport Association (IATA) data for 2009 shows Qantas was the world's 11th largest airline in terms of Revenue Passenger
Kilometres (RPKs).1
Its brands include Qantas, Jetstar and Qantas Link (as well as several Jetstar brands in East Asia).
Qantas is the Group's standard fares airline, based in Sydney, while Jetstar is the Group's budget fare airline that also manages the Jetstar Asia operations, based in Singapore. Both offer Australian domestic and international services, and are intended as complementary, rather than competitor, brands to each other.
In recent years the Qantas Group has been one of the few airline groups in the world still making a profit. Many airlines have been making substantial losses, and there have been some mergers (such as KLM–Air France), takeovers and bankruptcies (such as Northwest and American Airlines).
Despite the apparent rosy initial impression, the actual profitability picture across the Group is mixed, with Jetstar's domestic and international operations generally doing well, while the Qantas division of the business has been doing less well. Qantas's international market share has fallen sharply in the past decade. While the airline was in a dominant market position in 2000–2001 with 34.4 per cent of the traffic to and from Australia, by 2010–2011 its

You May Also Find These Documents Helpful

  • Powerful Essays

    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
  • Powerful Essays

    Business report for Qantas

    • 1570 Words
    • 7 Pages

    Queensland and Northern territory aerial service (QANTAS) limited is a public company that operates all over the world, but has not always been a public company. Being a public company means that Qantas must have a minimum of five shareholders, with no maximum number, a minimum of three directors (2 must live in Australia), the word "limited" or "Ltd" in its name, has limited liability (protects shareholders from losing personal assets if the company goes into liquidation) and must publish their audited financial accounts each year (annual report).…

    • 1570 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Virgin Australia Airlines is part of the Virgin Group which was established in 1970 by Sir Richard Branson. It is Australia's second-largest airline bases in Bowen Hills, Brisbane.…

    • 3794 Words
    • 14 Pages
    Powerful Essays
  • Powerful Essays

    Qantas Business Report

    • 1721 Words
    • 7 Pages

    Established in 1920, Qantas is the world's 11th largest airline and the 2nd oldest. It was founded in the Queensland outback as the Queensland and Northern territory Aerial Service (QANTAS) Limited, by pioneer aviators Hudson Fysh, Paul McGinness and Fergus McMaster. Qantas was a former government owned business; it did not view profits or efficiency as its prime goal. In 1993 a 25% stake was sold to British Airways. Qantas was privatised in 1995 and has had to adopt management practices to overcome both internal and external influences and had to change its narrow-minded culture. Although Qantas is primarily a passenger airline, air freight is also an integral part of its core business. Other Qantas operations include catering, tourism and E-commerce devoted to transport and air travel.…

    • 1721 Words
    • 7 Pages
    Powerful Essays
  • Best Essays

    Qantas International

    • 2259 Words
    • 10 Pages

    All over the nation, news of Qantas’ restructuring of Qantas International (QI) has reached ears of many Australians and many have voiced out their concerns on the matter. Qantas International has been the weak link in the operations of Qantas group compared to its domestic, freight, low-cost carrier Jetstar and frequent flyer businesses. Qantas’ new strategy involves expanding its base of operations into the Asian region to capture the market share of a boom in airline activity. With this new strategy, it plans to introduce job- cuts of 1000 employees mainly pilots and engineers. According to the two articles given, the Australian and International Pilots Association (APIA) and the Australian Licensed Aircraft Engineers Association (ALAEA) are pressuring Qantas’ Chief Executive Officer (CEO) Alan Joyce to abolish his downsizing policy. The unions and also the general public wants to keep jobs in Australia instead of having it outsourced to other countries which according to the CEO, will significantly reduce QI’s labour costs and increase their profitability.…

    • 2259 Words
    • 10 Pages
    Best Essays
  • Powerful Essays

    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
  • Satisfactory Essays

    Qantas

    • 959 Words
    • 4 Pages

    Qantas relies heavily on technology, but airline technology is complex and it is continually being advanced and updated. Qantas was one of a number of airlines, who placed advance orders for the new Airbus A380, but they were opted to make sure they were not the airline to receive the very first ones as Qantas are all about quality for the customer…

    • 959 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    Is the decision whether or not to sell Qantas’s frequent flyer program a strategic, tactical, or operational decision? It would be a strategic decision not to sell Qantas’s frequent flyer program reason being, considering the meaning of strategic decision making is an ongoing process that involves creating strategies to achieve goals and altering strategies based on observed outcomes. As to this decision Alan Joyce can take the initiative of increasing the flights rates and in reward its members can gain the points also Alan Joyce can increase the prizes of the products due to the slow economy which also the members will gain points and later redeem them for free flights or other products. Also considering the fact that over 10 million Australians, almost have of the population belong to Qantas’s frequent flyer program thus the citizens will help the program back on its feet and Alan Joyce will no longer worry on whether to sell or not sell the…

    • 1205 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    According to a study generated by IBISWorld on the Annual Global Airline industry revenue for 2014, figures were indicated at $745bn with over 9,000 businesses worldwide. From such figures we can infer that global competition in this industry is inevitably high. Such competition is present and can be seen in examples like existing Airline companies such as Etihad and Emirates which offer similar services, packages and prices to its customers. What can be noticed however with the Airline industry is that the threat of new entrants is quite low - this is in large part due to the fact that the Airline business involves a billion dollar investment and high capital (Porter, 2008). It is also a service which although used frequently, in one customer’s life-time; the extent of use may vary depending on many situational factors such as seasonality, business or leisure purposes and so forth. In Australia, the same notion holds in terms of new entrants to the marketplace. Major players in the Australian Airline network include Qantas, Virgin and Jetstar.…

    • 1619 Words
    • 5 Pages
    Powerful Essays
  • Better Essays

    Jetstar is a low cost airline in Asia-Pacific and Australia. In Australia, its operation is entirely owned by Qantas Group. In Asia, the Qantas Group has extended the brand with their investments in Jetstar Asia (based in Singapore) and Jetstar Pacific (Vietnam). As a result, Jetstar 's operations have covered 50 destinations across South East Asia and Asia Pacific.…

    • 2100 Words
    • 9 Pages
    Better Essays
  • Powerful Essays

    Qantas Case Study

    • 1403 Words
    • 6 Pages

    In 2011 the airline struggled on two fronts. The first front was the declining profitability of international operations. This problem culminated with Qantas reporting a $257 million dollar loss for the year ending on 30th June, 2012. This was the first loss for the airline since it was fully privatized in 1995. The airline is, however, profitable in the domestic market, holding a 65% market share and having a commanding lead in the key domestic business market. However Qantas was losing money in the international market and in 2012 it only carried 18.7% of passengers travelling to and from Australia.…

    • 1403 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    In 2013, Qantas segment have been separated into Qantas domestic and Qantas International. Together with Qantas loyalty and Qantas freight, there formed the 4 Qantas segments. The second segment Jetstar group standalone as a separate segment. Therefore, Qantas remains with 5 operating segments throughout the recent few years with slight changes of component and segment grouping.…

    • 839 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    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…

    • 303 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Qantas Fin Analysis

    • 1233 Words
    • 5 Pages

    2. QIL’s revenue from international passenger and freight service declined due to global slowdown. QIL’s high occupancy level (~80%) in the domestic market and stellar growth of Jetstar (38% capacity growth) in Asia has substantially offset this decline in revenue. The Available Seat Kilometres increase by 5% in FY 12 to 139,423 M signifying an increase in QIL’s market…

    • 1233 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Qantas Report

    • 466 Words
    • 2 Pages

    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

Related Topics