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POSITIONING FOR SUSTAINABILITY AND GROWTH QANTAS DATA BOOK 2017 DISCLAIMER The information contained in this investor Data Book is intended to be a general summary of Qantas Airways Limited, ABN 16 009 661 901, (Qantas) and its subsidiaries and related bodies corporate (Qantas Group) and their activities as at 11 September 2017 or otherwise as at the date specified in the relevant information and does not purport to be complete in any respect. The information in this document is not advice about shares in Qantas (or any other financial product), nor is it intended to influence, or be relied upon by, any person in making a decision in relation to Qantas shares (or any other financial product). The information in this Data Book does not take into account the objectives, financial situation or needs of any particular individual. Accordingly, you should consider your own objectives, financial situation and needs when considering the information in this document and seek independent investment, legal, tax, accounting or such other advice as you consider appropriate before making any financial or investment decisions. No responsibility is accepted by Qantas or any of its directors, officers, employees, agents or affiliates, nor any other person, for any of the information contained in this document or for any action taken by you on the basis of the information or opinions expressed in this document. The information in this document contains historical information about the performance of Qantas and Qantas securities. That information is historic only, and is not an indication or representation about the future performance of Qantas or Qantas securities (or any other financial product). -
Air Transport
The History of Air Transport KOSTAS IATROU Dedicated to my wife Evgenia and my sons George and Yianni Copyright © 2020: Kostas Iatrou First Edition: July 2020 Published by: Hermes – Air Transport Organisation Graphic Design – Layout: Sophia Darviris Material (either in whole or in part) from this publication may not be published, photocopied, rewritten, transferred through any electronical or other means, without prior permission by the publisher. Preface ommercial aviation recently celebrated its first centennial. Over the more than 100 years since the first Ctake off, aviation has witnessed challenges and changes that have made it a critical component of mod- ern societies. Most importantly, air transport brings humans closer together, promoting peace and harmo- ny through connectivity and social exchange. A key role for Hermes Air Transport Organisation is to contribute to the development, progress and promo- tion of air transport at the global level. This would not be possible without knowing the history and evolu- tion of the industry. Once a luxury service, affordable to only a few, aviation has evolved to become accessible to billions of peo- ple. But how did this evolution occur? This book provides an updated timeline of the key moments of air transport. It is based on the first aviation history book Hermes published in 2014 in partnership with ICAO, ACI, CANSO & IATA. I would like to express my appreciation to Professor Martin Dresner, Chair of the Hermes Report Committee, for his important role in editing the contents of the book. I would also like to thank Hermes members and partners who have helped to make Hermes a key organisa- tion in the air transport field. -
Qantas Airways Limited FY18 Results
Qantas Airways Limited FY18 Results 23 August 2018 ASX:QAN US OTC:QABSY For personal use only FY18 Highlights Record Group financial performance in rising fuel environment Earnings Per Share (Cents) • Record1 Underlying Profit Before Tax2 (PBT) $1,604m, Statutory PBT $1,391m 64 55 56 49 53 • Record Statutory EPS 56 cps, Underlying EPS3 64 cps 46 32 • Strong Return on Invested Capital (ROIC) of 22.0%4 25 • Delivered $463m in transformation benefits, >$400m target • Bonus for 27,000 non-executive employees totalling $67m FY15 FY16 FY17 FY18 Statutory Underlying All operating segments delivering ROIC > WACC5 • Record Qantas Domestic, Jetstar Domestic and Group Domestic6 earnings7 Net Free Cash Flow9 ($M) • Record earnings7 for Jetstar Group 1,674 1,442 7 8 1,309 • Unit Revenue improvement drives earnings growth at Qantas International 1,104 • Record Qantas Loyalty earnings7 provides growing diversified earnings stream Record operating cash flow continues to generate strong net free cash flow9 10 For personal use only • Net debt of $4.9b offers significant financial flexibility, FY18 capital expenditure of $1.97m FY15 FY16 FY17 FY18 • 10 cents per share dividend, fully franked, on-market share buy-back of up to $332m STRUCTURALLY TRANSFORMED BUSINESS DELIVERING TOP QUARTILE SHAREHOLDER RETURNS OVER THE CYCLE 1. Record Underlying PBT since FY09. 2. Underlying PBT has been the Group’s primary performance reporting measure since FY09. For prior periods, comparison is to Statutory PBT adjusted for disclosed extraordinary items. Refer to Supplementary slide 6 for a reconciliation of Underlying to Statutory PBT. 3. Underlying Earnings Per Share calculated as Underlying PBT less tax expense (Group effective tax rate of 29.5%) divided by weighted average number of shares during the year, rounded to the nearest cent. -
Submission of Qantas Airways
THE SENATE RURAL AND REGIONAL AFFAIRS AND TRANSPORT REFERENCES COMMITTEE INQUIRY INTO AIRPORT AND AVIATION SECURITY QANTAS GROUP SUBMISSION JANUARY 2015 CONTENTS 1 EXECUTIVE SUMMARY ............................................................................................. 3 2 QANTAS GROUP ...................................................................................................... 4 2.1 Qantas Group Structure ....................................................................................... 4 2.2 Qantas Group Operations .................................................................................... 4 2.3 The Qantas Group Partner and Investment Businesses ......................................... 4 3 AVIATION SECURITY REGULATORY ENVIRONMENT ................................................... 5 3.1 International Civil Aviation Organisation .............................................................. 5 3.2 Australian Aviation Transport Security Act & Regulations ..................................... 5 3.3 Australian Transport Security Program ................................................................. 5 3.4 International Air Transport Association ................................................................ 5 4 QANTAS SECURITY, FACILITATION & RESILIENCE ....................................................... 6 4.1 Qantas Expenditure on Security ........................................................................... 6 4.2 Departmental Structure ...................................................................................... -
The Cold War and Beyond
Contents Puge FOREWORD ...................... u 1947-56 ......................... 1 1957-66 ........................ 19 1967-76 ........................ 45 1977-86 ........................ 81 1987-97 ........................ 117 iii Foreword This chronology commemorates the golden anniversary of the establishment of the United States Air Force (USAF) as an independent service. Dedicated to the men and women of the USAF past, present, and future, it records significant events and achievements from 18 September 1947 through 9 April 1997. Since its establishment, the USAF has played a significant role in the events that have shaped modem history. Initially, the reassuring drone of USAF transports announced the aerial lifeline that broke the Berlin blockade, the Cold War’s first test of wills. In the tense decades that followed, the USAF deployed a strategic force of nuclear- capable intercontinental bombers and missiles that deterred open armed conflict between the United States and the Soviet Union. During the Cold War’s deadly flash points, USAF jets roared through the skies of Korea and Southeast Asia, wresting air superiority from their communist opponents and bringing air power to the support of friendly ground forces. In the great global competition for the hearts and minds of the Third World, hundreds of USAF humanitarian missions relieved victims of war, famine, and natural disaster. The Air Force performed similar disaster relief services on the home front. Over Grenada, Panama, and Libya, the USAF participated in key contingency actions that presaged post-Cold War operations. In the aftermath of the Cold War the USAF became deeply involved in constructing a new world order. As the Soviet Union disintegrated, USAF flights succored the populations of the newly independent states. -
Shaping the Future Wind Tunnel Testing Helps Boeing Shape 737 MAX— and the Future of Flight
Frontierswww.boeing.com/frontiers JULY 2012 / Volume XI, Issue III Shaping the future Wind tunnel testing helps Boeing shape 737 MAX— and the future of flight PB BOEING FRONTIERS / JULY 2012 1 BOEING FRONTIERS / JULY 2012 On the Cover Tunnel vision Computer simulations are crucial in developing the aerodynamics of Boeing aircraft, but at some point it’s time to turn on the wind! From 22 the B-47 bomber to the 787 Dreamliner, what Boeing engineers learn from testing models in wind tunnels has shaped the future of flight. Today, another Boeing jet, the 737 MAX, is undergoing this rigorous testing that comes early in the development process. COVER IMAGE: BOEING ENGINEER JIM CONNER PREPARES A MODEL OF THE 737 MAX FOR TESTING IN THE TRANSONIC WIND TUNNEL IN SEATTLE. BOB FERGUSON/BOEING PHOTO: A LOOK AT THE HIGH-SPEED DIFFUSER OF THE BOEING VERTICAL/SHORT TAKEOFF AND LANDING WIND TUNNEL IN PHILADELPHIA. FRED TROILO/BOEING Ad watch The stories behind the ads in this issue of Frontiers. Inside cover: Page 6: Back cover: This ad was created This ad for the new Every July, the Boeing to highlight Boeing’s 747-8 Intercontinental is Store commemorates Commercial Crew running in Chinese trade Boeing’s anniversary Development System, and business publications with a weeklong a reliable, cost-effective and Aviation Week. celebration, offering and low-risk solution The headline speaks to special merchandise, for commercial space the airplane’s striking gifts and free birthday transportation. The beauty (new Boeing Sky cake in the stores. ad is running in trade Interior), classic elegance This ad for the 2012 publications. -
D 68 ACTU Submission to Aviation and Qantas Sale Amendment Bills
Submission to the Senate Rural Affairs and Transport Legislation Committee Inquiry into the Air Navigation and Civil Aviation Amendment (Aircraft Crew) Bill 2011 Qantas Sale Amendment (Still Call Australia Home) Bill 2011 28 October 2011 ACTU Level 6, 365 Queen Street Melbourne VIC 3000 www.actu.org.au D No. 68/2011 Contents Executive Summary 1. Introduction 2. Recent developments in the Australian aviation industry 3. The development of the Qantas Group 4. ‘Sham’ corporate structures 5. The national interest 6. Employment 7. Skills development 8. National Security 9. Safety 10. The Bills 11. Conclusion Page | 2 Executive Summary 1. Civil aviation laws grant Australian airlines a number of privileges, including exclusive access to certain international air routes. In return, Australian airlines are required to be Australian owned, controlled, based, and responsible to Australian safety authorities. Traditionally, the holder of the licence was also required to observe Australian labour laws, and to be responsible to crew for the payment of their wages. However, recently, Qantas has been avoiding this obligation by ‘subcontracting’ routes to wholly-owned foreign-based subsidiaries. This sham arrangement has meant that it has been able to enjoy all of the privileges of holding an Australian airline licence, with none of the obligations. These abuses need to be checked. We support the proposed amendments to the licence requirements under the Civil Aviation Act and the Air Navigation Act . 2. Moreover, Qantas is in a special position, given that it remains regulated by the Qantas Sale Act . The intention of the Act is clearly to ensure that Qantas remains a truly Australian airline, with its international division operated from Australia. -
Building a Stronger Qantas
Annual Review 2011 Building a stronger Qantas 12 Qantas – 90 Years of Excellence 14 Chairman’s Report 16 CEO’s Report 18 Financial Performance 20 Sustainable Operations 22 Safety First 26 Strong Complementary Brands 36 Great People 40 Superior Infrastructure 46 Caring for Customers 50 Environmental Responsibility 54 Giving Back 58 Board of Directors 60 Financial Calendar THE AVIATION INDUSTRY IS CHANGING THE QANTAS GROUP IN 2011 The Qantas Group faces a unique range of challenges and opportunities. We are in a strong position to address the challenges and realise the opportunities – but we must take decisive action, as we have throughout our history. The Qantas Group SAFETY IS ALWAYS THE QANTAS GROUP’S FIRST PRIORITY WE INVEST $1.5 BILLION IN AIRCRAFT MAINTENANCE EACH YEAR SAFETY FIRST From our response to the QF32 incident to the risks posed by volcanic ash disruptions, we never compromise on the highest standards of safety. A safety-first culture across the Group ensures that risks are identified and addressed swiftly and decisively. We invest millions of dollars in training to ensure that when incidents do occur our people react calmly under pressure. Nothing is more important to us than the safety of our customers and our employees. A380 Aircraft Maintenance Engineer Nelson Lau Annual Review 2011 3 The Qantas Group THE QANTAS GROUP FACES NEW CHALLENGES AND NEW OPPORTUNITIES COMPETITIVENESS AND SUSTAINABILITY The Asia-Pacific is now the world’s fastest-growing region for air travel demand. The low-cost carrier revolution continues at pace. New political and regulatory factors are emerging. In this environment it is vital that the Qantas Group takes the necessary steps to maximise productivity and competitiveness, renew aircraft and technology, meet customer needs, realise growth opportunities and enshrine business resilience. -
How Old Is Too Old? the Impact of Ageing Aircraft on Aviation Safety – Ii – ATSB TRANSPORT SAFETY REPORT Aviation Research and Analysis Report - B20050205
ATSB TRANSPORT SAFETY REPORT Aviation Research and Analysis Report –B20050205 Final How Old is Too Old? The impact of ageing aircraft on aviation safety – ii – ATSB TRANSPORT SAFETY REPORT Aviation Research and Analysis Report - B20050205 Final How Old is Too Old? The impact of ageing aircraft on aviation safety February 2007 – iii – Published by: Australian Transport Safety Bureau Postal address: PO Box 967, Civic Square ACT 2608 Office location: 15 Mort Street, Canberra City, Australian Capital Territory Telephone: 1800 621 372; from overseas + 61 2 6274 6130 Accident and incident notification: 1800 011 034 (24 hours) Facsimile: 02 6274 6474; from overseas + 61 2 6274 6474 E-mail: [email protected] Internet: www.atsb.gov.au © Commonwealth of Australia 2007. This work is copyright. In the interests of enhancing the value of the information contained in this publication you may copy, download, display, print, reproduce and distribute this material in unaltered form (retaining this notice). However, copyright in the material obtained from non- Commonwealth agencies, private individuals or organisations, belongs to those agencies, individuals or organisations. Where you want to use their material you will need to contact them directly. Subject to the provisions of the Copyright Act 1968, you must not make any other use of the material in this publication unless you have the permission of the Australian Transport Safety Bureau. Please direct requests for further information or authorisation to: Commonwealth Copyright Administration, Copyright Law Branch Attorney-General’s Department, Robert Garran Offices, National Circuit, Barton ACT 2600 www.ag.gov.au/cca ISBN and formal report title: see ‘Document retrieval information’ on page viii. -
1998 ANNUAL REPORT1998 ANNUAL 1998 Annual Report Brought to You by Global Reports 1998 Annual Report
1998 ANNUAL REPORT 1998 Annual Report Brought to you by Global Reports 1998 Annual Report Registered Office Financial Calendar Notice of Meeting Qantas Airways Limited 1998 The Annual General Meeting of ACN 009 661 901 30 June Year end Qantas Airways Limited will be held Qantas Centre 20 August Preliminary final result at 2:00 pm on Wednesday Level 9 Building A announcement 18 November 1998 in the 203 Coward Street 4 November Record date for final Grand Ballroom at the Mascot NSW 2020 dividend Sheraton Brisbane Hotel & Towers, Australia 18 November Annual General Meeting 249 Turbot Street, Brisbane. Telephone 61 2 9691 3636 Brisbane Facsimile 61 2 9691 3339 2 December Final dividend payable 31 December Half year end Qantas Share Registry 60 Carrington Street 1999 Sydney NSW 1115 18 February Half year result Australia announcement Telephone 61 2 8234 5470 3 March Record date for interim Facsimile 61 2 8234 5050 dividend 31 March Interim dividend payable Depositary for American 30 June Year end Depositary Receipts 19 August Preliminary final result The Bank of New York announcement ADR Division 3 November Record date for final 101 Barclay Street dividend New York NY USA 17 November Annual General Meeting Telephone 1 212 815 2218 Adelaide Facsimile 1 212 571 3050 1 December Final dividend payable General Counsel & Company Secretary Brett Johnson Internet Address http://www.qantas.com.au All amounts are expressed in Australian dollars unless otherwise stated. Brought to you by Global Reports Operating profit before abnormals and tax of $478 -
2002 Qantas Annual Report
2002 Qantas Annual Report The Spirit of Australia QF Qantas was founded in the Queensland outback 20 02 in 1920 and is Australia’s largest domestic and international airline. Registered originally as Queensland and Northern Territory Aerial Services Limited (QANTAS), the airline has built a reputation for excellence in safety, operational reliability, engineering and maintenance, and customer service. Qantas operates a fleet of 187 aircraft across a network spanning 142 destinations in 32 countries. Qantas carried more than 27 million passengers this year and employs more than 33,000 staff who speak more than 50 different languages. Qantas also operates subsidiary businesses in specialist markets such as Qantas Holidays and Qantas Flight Catering. p1 Report from the p5 Review of our p24 Board of p26 Corporate p27 Financial Chairman and Business Directors Governance Review Chief Executive Officer Qantas Airways Limited ABN 16 009 661 901 QF 20 02 Chief Executive Officer Geoff Dixon Chairman Margaret Jackson to our fellow shareholders It has been a dramatic and at times traumatic year for Qantas and the global aviation industry. The events of 11 September 2001 changed the industry forever and the collapse of Ansett has transformed the Australian aviation market. Qantas performed well in the face of these tumultuous events and this was a tribute to our management and staff. p1 PROFIT BEFORE TAX OF $631.0 MILLION. REVENUE OF $11.3 BILLION Net Profit Attributable to Passengers Carried Members of the Company 000 $M 27,128 517.3 22,147 428.0 415.4 421.6 20,485 19,236 18,865 304.8 QF 20 02 02 01 00 99 98 02 01 00 99 98 A TUMULTUOUS YEAR In last year’s annual report, Qantas was able to add the equivalent of about seven we noted that Qantas had performed well in a years’ growth, virtually overnight. -
How Airbus Surpassed Boeing: a Tale of Two Competitors
University of Tennessee, Knoxville TRACE: Tennessee Research and Creative Exchange Masters Theses Graduate School 5-2007 How Airbus Surpassed Boeing: A Tale of Two Competitors William Alexander Burns University of Tennessee - Knoxville Follow this and additional works at: https://trace.tennessee.edu/utk_gradthes Part of the Aerospace Engineering Commons Recommended Citation Burns, William Alexander, "How Airbus Surpassed Boeing: A Tale of Two Competitors. " Master's Thesis, University of Tennessee, 2007. https://trace.tennessee.edu/utk_gradthes/252 This Thesis is brought to you for free and open access by the Graduate School at TRACE: Tennessee Research and Creative Exchange. It has been accepted for inclusion in Masters Theses by an authorized administrator of TRACE: Tennessee Research and Creative Exchange. For more information, please contact [email protected]. To the Graduate Council: I am submitting herewith a thesis written by William Alexander Burns entitled "How Airbus Surpassed Boeing: A Tale of Two Competitors." I have examined the final electronic copy of this thesis for form and content and recommend that it be accepted in partial fulfillment of the requirements for the degree of Master of Science, with a major in Aviation Systems. Robert B. Richards, Major Professor We have read this thesis and recommend its acceptance: Richard Ranaudo, U. Peter Solies Accepted for the Council: Carolyn R. Hodges Vice Provost and Dean of the Graduate School (Original signatures are on file with official studentecor r ds.) To the Graduate Council: I am submitting herewith a thesis written by William A. Burns entitled “How Airbus Surpassed Boeing: A Tale of Two Competitors” I have examined the final electronic copy of this thesis for form and content and recommend that it be accepted in partial fulfillment of the requirements for the degree of Master of Science, with a major in Aviation Systems.