Qantas Swot Analysis

Qantas to Hike Best Profits before the GFC
Qantas freight service is happy to announce record profits this year with 114 million dollars compared to 24 million dollars recorded in last year. Moreover, there are huge transformation benefits achieved by the company with 38 million dollar benefits and high load factors. These are the strong profits recorded by the company before the Global Financial Crisis. Along with profits, the company has placed an order for eight B787-9 aircrafts more which are expected to be delivered in the year 2017. The newly ordered aircrafts are going to replace five old aircrafts of the B747 model in order to start a new era of Qantas International. From last 12 months to the end of June 2015, the company has recorded commendable underlying profits before tax as 975 million dollars and statutory profits before tax as 789 million dollars. It is about 1.6 billion dollars hike recorded as underlying profits compared with 2014 financial year. In this year, best second half performance is given by the company in all segments with extreme profits and complete cost of capital returns.

As of now, the company renewed Australia Post as its biggest domestic freight customer and also added Toll Group as a major customer. The main reason behind this huge profits drive up is Qantas Transformation Program which released 894 million dollars as transformation benefits during this year. It is seen Qantas meeting the target by paying 1 billion dollars towards net debt. Qantas reached the target of its optimal capital structure enabling shareholder returns continuing investments in growth and renewal. A huge turnaround in profits is signaling for the new phase of Qantas International renewal and growth, said by Alan Joyce, Chief Executive of