Operationally, Qantas has achieved turnaround times of less than 30 minutes and its on-time performance has consistently topped the other major players. In addition, dispatch reliability on its A320s is said to be ahead of the Airbus global average (Creedy, 2005)
In late 2007, Qantas will open the doors to its glamorous new first class lounges in Sydney and Melbourne international airports. Designed by famous Australian born industrial designer Marc Newson (who's designed everything from airplanes to bags), the lounge, which is rumored to have cost around $20 million dollars, boasts features usually seen only in super-luxurious designer hotels (Demassi, 2007)
These mechanisms are those such as the appraisal of potential investments, the evaluation of their deliverables, and options to offer similar public services at a lower cost to consumers. Qantas has demonstrated this strategic move in outsourcing information technology by signing a 10-year, $450 million contract with IBM Global Services, that promises on-demand computing (Kontzer 2004)
Competitive Position of Qantas & Jetstar in Relation to Virgin Blue review of the research indicates that Qantas stands in a better competitive position than Virgin Blue. Following four years of solid growth during which it acquired almost 35% of the market, domestic budget airline Virgin Blue faces tough competition from Qantas' new low-cost carrier Jetstar (Shea, 2004)
Cutting Costs There are several ways in which airlines can cut costs. One way is simply to lighten the load on each flight (Airline Tickets, 2011)
There are at least two other domestic competitors in the market as well as a host of international airlines that compete for business as well. SWOT Strengths Qantas is consistently rated in the top ten airlines in the world and has been steadily improving its rating (CNN Money, 2011); it is also one of the world's most admired companies
Regulations in the industry are also predicted to rise as measures to stem climate change are slowly being implemented. Although the last international deal in Durban did not set a legally binding agreement until the year 2020, consumers are also applying pressure through restricted demand in regards to environmental concerns (Herskovitz, 2011)
However, firms can also enter through acquisition or leave through liquidation which also provides some volatility to the industry. Supplier Power -- Medium There are basically two suppliers in the aircraft industry; Boeing and Airbus (Mustoe, 2010)
Still Qantas should focus on growing its premium line, not just the budget lines. Figure 1 - Qantas Passengers Carried (Qantas, 2011) Opportunities Qantas has a lot of room to grow in the international marketplace
If Qantas utilizes this technology widespread that it could considerably cut the payroll budget and help reduce costs. However, though these systems may be good for the bottom line, many customers have failed to accept the systems (Schneider, 2011)
If Qantas utilizes this technology widespread that it could considerably cut the payroll budget and help reduce costs. However, though these systems may be good for the bottom line, many customers have failed to accept the systems (Schneider, 2011)
Therefore it is recommended that Qantas look to the international sphere to try and increase its revenue streams. The Qantas International strategy represents a move that positions the company close to this goal yet there is still much expansion needed to satisfy investors given recent losses (Stevens, 2011)
On the budget line there are few choices for beverages or meals and the seating arrangement is more compacted to fit more travelers into one plane in order to reduce costs. Recommended Strategy It is likely that the remnants of the global recession will linger for quite a while and could also potential get worse (Stock Market Today, 2011)
Another way airlines can save money is through automation of many of the key administrative business functions. Qantas has already integrated such systems in many of its major airports and it has worked to reduce the need for human resources and can provide more efficient check in times (Talyor, 2011)
Airlines have been limiting the weight for such items as food and beverage services which can increase fuel economy. Some airlines have been charging for excess baggage since it can not only increase revenues but also saves weight and fuel costs as well (Thokalath, 2011)
Enjoy an all-inclusive service with entertainment, refreshments and a checked baggage allowance on every Qantas flight.
Qantas was founded in Winton, Queensland on 16 November 1920 as Queensland and Northern Territory Aerial Services Limited. The airline's first aircraft was ...
Margaret Court, Tennis Legend-Turned-Pastor, to Boycott Qantas Airlines Over Gay Marriage Support
Earn applicable base miles each time you purchase an eligible fare ticket and fly on Qantas, a member of the oneworld alliance.
Founded in 1920, Qantas (QF) is the world's third-oldest airline and Australia's flag carrier. It operates from primary hubs at Brisbane Airport (BNE), Melbourne ...