Qantas: o o o o o o o o o o o o o o o o o

HISTORY OF QANTAS: Qantas is Australias largest domestic and international airline. Passenger and freight carrier Other operations: catering, tourism and E-commerce devoted to transport and travel Worlds second oldest air line 1920 - Founded in the Queensland outback as the Queensland and Northern Territory Aerial service 1947 Qantas bought the British share of Qantas Empire Airways - Nationalised when purchased by the Commonwealth Government. 1991 The Australian domestic airline industry in deregulated (remove regulations or restrictions from.) 1993 British Airways buys 25% of Qantas 1995 Qantas is privatised 1999 Qantas joins the Oneworld Alliance. (One of the three largest airline alliance) 2001 Terrorist attacks (September 11) reduce international travel, but is balanced from Ansetts collapse on Sep. 12. 2002 launches Australian Airlines 2003 the war in Iraq and SARS virus reduce travel and impact profits 2004 Qantas achieved a record net profit and launches 2 new discount airlines: Jetstar and Jetstar Asia. 2005 new record profit by responding to competition and increasing oil prices 2006 fall in profit due to soaring fuel prices. Launches Jetstar International targets China and expands freight business. 2007 Net profit jumps due to the success