Company Profile For Qantas Airways Limited

Qantas Airways Limited (Qantas) is an Australian airline company. The Company is engaged in the operation of international and domestic air transportation services, the provision of time definite freight services, the operation of a Frequent Flyer loyalty program, the sale of international and domestic holiday tours and associated support activities, including flight training, catering, passenger and ground handling, and engineering and maintenance. Its segments include Qantas, which represents the Qantas passenger flying businesses and related businesses; Jetstar, which represents the Jetstar passenger flying businesses, including Jetstar Asia and an investment in Jetstar Pacific; Qantas Freight, which represents the air cargo and express freight businesses; Qantas Frequent Flyer, which represents the Qantas Frequent Flyer customer loyalty program, and Jetset Travelworld Group, which represents the Company’s investment in the Jetset Travelworld Group.

BRIEF: For the fiscal year ended 30 June 2009, Qantas Airways Limited's revenues decreased 7% to A$14.55B. Net income decreased 88% to A$117M. Revenues reflects a decrease in income from Qantas and Qantas freight business segments. Lower income reflects by increased manpower & staff related expenses, higher aircraft operating variable expenses, increased selling & marketing expense and increased operating lease rental.