| Revision as of 04:58, 16 January 2003 editHephaestos (talk | contribs)22,414 editsm keep it going folks! :← Previous edit | Revision as of 10:22, 2 February 2003 edit undoCameron Dewe (talk | contribs)Autopatrolled, Extended confirmed users29,250 edits Aggressive competitor - expansions into NZNext edit → | ||
| Line 1: | Line 1: | ||
| '''Qantas''' is an acronym for "] and ] Aerial Services Limited," ]'s first and biggest ]. | '''Qantas''' is an ] for "] and ] Aerial Services Limited," ]'s first and biggest ]. | ||
| It flies an extensive schedule between all Australian capital cities, as well as many regional cities and towns. It also flies many international routes to and from Australia. The airline was government owned until the 1990s, but was successfully privatised, with ] owning a significant stake. | It flies an extensive schedule between all Australian capital cities, as well as many regional cities and towns. It also flies many international routes to and from Australia. The airline was government owned until the 1990s, but was successfully privatised, with ] owning a significant stake. | ||
| As of September ], with the collapse of ] Qantas holds a near monopoly on the Australian domestic air travel market. However, with several airlines venturing into the Australian market, such as ], this situation is likely to change. | Qantas has a reputation for being an aggressive competitor in the Australian aviation market. Over the years, several domestic Australian airlines have gone out of business amid complaints of anti-competitive pricing by Qantas and exhorbitant prices on the newly non-competitive routes. As of September ], with the collapse of ], Qantas holds a near monopoly on the Australian domestic air travel market. However, with several airlines venturing into the Australian market, such as ], this situation is likely to change. | ||
| Qantas has attempted to expand into the ] domestic air travel market, first with a shareholding in ], then by a franchise takeover of ] - which subsequently went bankrupt, and most recently with another "working relationship" and cornerstone shareholding in Air New Zealand. Should this latest attempt be successful Quantas would be the major airline in Australasia. Consequently, the share purchase is undergoing regulatory scrutiny in both Australia and New Zealand, with an answer not expected before mid ]. | |||
| The company was founded on 16 November ]. As of 2003, Qantas has never had any fatal crashes, though on one occasion an airliner overshot a runway and required such extensive repairs that the aircraft was virtually rebuilt. | The company was founded on 16 November ]. As of 2003, Qantas has never had any fatal crashes, though on one occasion an airliner overshot a runway and required such extensive repairs that the aircraft was virtually rebuilt. | ||
Revision as of 10:22, 2 February 2003
Qantas is an acronym for "Queensland and Northern Territory Aerial Services Limited," Australia's first and biggest airline.
It flies an extensive schedule between all Australian capital cities, as well as many regional cities and towns. It also flies many international routes to and from Australia. The airline was government owned until the 1990s, but was successfully privatised, with British Airways owning a significant stake.
Qantas has a reputation for being an aggressive competitor in the Australian aviation market. Over the years, several domestic Australian airlines have gone out of business amid complaints of anti-competitive pricing by Qantas and exhorbitant prices on the newly non-competitive routes. As of September 2001, with the collapse of Ansett Airlines, Qantas holds a near monopoly on the Australian domestic air travel market. However, with several airlines venturing into the Australian market, such as Virgin Blue, this situation is likely to change.
Qantas has attempted to expand into the New Zealand domestic air travel market, first with a shareholding in Air New Zealand, then by a franchise takeover of Ansett New Zealand - which subsequently went bankrupt, and most recently with another "working relationship" and cornerstone shareholding in Air New Zealand. Should this latest attempt be successful Quantas would be the major airline in Australasia. Consequently, the share purchase is undergoing regulatory scrutiny in both Australia and New Zealand, with an answer not expected before mid 2003.
The company was founded on 16 November 1920. As of 2003, Qantas has never had any fatal crashes, though on one occasion an airliner overshot a runway and required such extensive repairs that the aircraft was virtually rebuilt.