The company Qantas Airways Limited, headquartered in Australia, operates both domestic and international airlines.
Running a frequent flyer reward program, providing freight services, and operating domestic and international air transport services are the company’s main business lines.
The business is divided into several segments, including Qantas Domestic, Qantas International, Jetstar Group, and Qantas Loyalty.
The Jetstar Group, Qantas Domestic, and Qantas International all run airline cargo and expedited freight services in addition to passenger flights.
Customers who are loyal are rewarded by the Qantas Loyalty sector. Its primary function involves transporting passengers under the Qantas and Jetstar airline brands.
Its airline brand offers domestic, international, and regional flights. It operates in Australia, New Zealand, the Middle East, and the South Pacific.
Qantas Airways is sometimes referred to as Australia’s “flying kangaroo”.
For the first half of the 2023–24 fiscal year, the company now anticipates an underlying profit before tax of A$1.35–1.45 billion ($900–960 million), up from its previous guidance of A$1.2–1.3 billion provided in January 2023.
The increased profitability is driven by firm travel demand, allowing Qantas to charge higher fares that offset higher fuel costs.
The company last year named a 53 year-old finance chief Vanessa Hudson as its next Chief Executive Officer (CEO), making her the first woman to lead the century-old airline.
Who is Vanessa Hudson?
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