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Qantas Timeline
Qantas' recent history
| Question | Answer |
|---|---|
| In what year did Qantas record a financial loss | 2003 |
| In what years were Jetstar and Jetstar International launched | 2004 & 2006 |
| What was Qantas' before tax profit in 2011 | Over $500 million |
| Over the past decade what has been Qantas' average rate of return | 6.2% |
| Over the past 10 years how much money has the global airline industry lost in total | $20 billion |
| What is the approximate vale of Qantas' assets | $20 billion |
| Typically does Qantas have more current assets or more current liabilities | Current liabilities |
| 2001 2003, 2006 and 2009 were all bad years for Qantas. What were the external factors that contributed to poor profits in these years | 2001 - September 11 2003 - Iraq war and SARS 2006 - Rising fuel costs 2009 - GFC |
| Qantas currently has a working capital ratio of 1. It is often below 1. How does Qantas ensure it can meet its short term financial commitments | It has an overdraft type facility of $300 million |
| In what year did Alan Joyce become CEO of Qantas. What important reform was implemented in this year. | 2008 - Qantas divided into separate business units |
| In what year was Qantas privatised | 1995 |
| When did Qantas buy out Australian Airlines and enter the domestic market | 1992 |
| Qantas rate of return was 17% in 2008. What did the rate of return drop to during the GFC in 2009 | 1.7% |
Created by:
sshea
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