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THE MARKET

Qantas is the world’s second oldest airline and

Australia’s leading airline, operating more than

5,000 domestic flights a week under the Qantas,

QantasLink and Jetstar brands. The airline serves

57 destinations in Australia, across all states and

mainland territories. The Qantas Group operates

nearly 750 international flights everyweek, offering

services to 82 overseas destinations in 36 countries

(including codeshare services). The airline serves

major cities in the Asia/Pacific region, the UK,

Europe, North America, South America and

southern Africa.

The Qantas Group carried nearly 34 million

passengers in the year ended 30 June, 2006.

ACHIEVEMENTS

Qantas has a widely acknowledged history of

innovation. As early as 1958, it pioneered a round-

the-world service, with two Super Constellations

circumnavigating the globe in opposite directions.

In 1979 it was the first airline to introduce Business

Class.

Qantas has twice won the prestigious

Cumberbatch trophy - awarded by theBritishGuild

of Air Pilots and Air Navigators for safety and

reliability.

Qantas is committed to the highest standards of

corporate social responsibility and is a proud

financial and hands-on supporter of a wide range

of community, arts and sporting organisations. In

April 2003, Qantas was awarded the inaugural

Queensland Community Foundation Award in

recognition of the company’s ongoing support of

communities in need, with particular mention of

Qantas’ efforts following the tragic bombings in

Bali inOctober 2002.

In 2003 Qantas and long-term partner UNICEF

were awarded the Australian Financial Review

Magazine’s award for outstanding long term

partnership.

HISTORY

Qantas was established by pioneer aviators Paul

McGinness and Wilmot Hudson Fysh on their

return fromservicewith theAustralianFlyingCorps

in World War I, and grazier, Fergus McMaster. It

was registered in Brisbane on 16 November 1920.

The company takes its name from the initial letters

in the words in the original registered title -

Queensland andNorthernTerritoryAerial Services

Limited. The company began its operations with

joy rides and air taxi flights. Regular scheduled

airmail and passenger services began on 2

November 1922, from Charleville to Cloncurry in

rural Queensland. The journey of 923 kilometres

took two days with an overnight stop at Longreach.

In 1919 McGinness and Hudson Fysh were

commissioned to find suitable landing grounds for

a Great Britain-Australia air race.After completing

the survey in aModel T Ford, theywere convinced

that air travel was the ideal alternative for crossing

sparsely populated country where roads were

almost non-existent. McGinness soon pursued

other interests, Fysh - later Sir Hudson - remained

with the company for 46 years. He was knighted in

1953 and retired as Chairman in 1966.

Qantas has played a key role in the development

of Australian and international aviation. In 1928 it

operated the first flying doctor service for the

Reverend John Flynn’sAustralian Inland Mission.

In 1931 Qantas made its first link with Imperial

Airways (a predecessor of BritishAirways) when it

carried mail to Darwin as part of an experimental

Australia-UK service.

The year 1934 saw the formation of Qantas

Empire Airways Limited, with Imperial Airways

holding 50 per cent. The two airlines began regular

Australia-UK services in December 1934, initially

carrying onlymail.

AQantas aircraft flewoverseas for the first time

in February 1935 when a DH86 operated the

Brisbane to Singapore section of the service, and

the first Qantas overseas passenger left Brisbane

for Singapore in April 1935. Four-engined Shorts

‘Empire’ flying boats brought new levels of luxury

and comfort to theAustralia-UK service from July

1938.

THE PRODUCT

All Qantas aircraft are maintained to the highest

standards and are flown by some of the world’s

most experienced pilots. Qantas also undertakes

engineering, pilot and cabin crew training for

customer airlines.

Qantas’ total fleet currently comprises of nearly

216aircraft, comprisingBoeing747s, 767s, 737s and

717s. The group also operates Airbus A330s and

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