Qantas Airways Limited (QAN.AX) is Australia's largest airline and flag carrier, operating a comprehensive network of domestic, regional and international passenger flights; low-cost services through its Jetstar brand; air freight transportation via Qantas Freight; and customer loyalty programs through Qantas Loyalty (formerly Qantas Frequent Flyer). The Qantas Group maintains subsidiaries including QantasLink for regional routes, Jetstar for short-haul international and domestic operations in Australia, New Zealand and Asia, and stakes in other Jetstar-branded carriers across Asia as well as Alliance Airlines and Fiji Airways. Headquartered in Mascot, Sydney, adjacent to Sydney Airport, the company was founded in 1920 as Queensland and Northern Territory Aerial Services Limited in Winton, Queensland, and serves all Australian states and territories alongside extensive global destinations across Asia, Europe, North America, South America, Africa and Antarctica via hubs in Sydney, Melbourne, Perth and Brisbane.
The airline provides full-service offerings on long-haul routes with aircraft such as the Airbus A380 and Boeing 787-9 Dreamliner, alongside narrowbody fleets for domestic and medium-haul international services; it also operates specialized flightseeing charters to Antarctica and maintains a dominant 60.8% share of the Australian domestic market as of March 2023. Qantas participates in the Oneworld alliance and emphasizes safety, operational reliability, engineering, maintenance and customer service, with geographic operations spanning Oceania, Asia-Pacific, and worldwide networks connecting to all seven continents.
In recent developments, Qantas acquired the remaining 49% stake in online travel business TripADeal for A$211 million in June 2024, building on its 2022 majority investment to enhance synergies with Jetstar and capture growth in curated tours amid post-pandemic travel demand. The company reported strong FY25 earnings with an underlying profit before tax of $1.39 billion, up 11%, enabling its largest-ever fleet renewal including an order for 20 additional Airbus A321XLR aircraft in 2025, with 16 configured with lie-flat Business seats for transcontinental and medium-haul routes starting in 2028, bringing total A321XLR orders to 48; it also advances Project Sunrise with Airbus A350-1000ULR deliveries from October 2026 for non-stop Sydney-London and Sydney-New York flights and increases Sustainable Aviation Fuel usage.