1) " Qantas" -- As it applies to Qantas Uk Qantas is Australia 's oldest and largest airline, and the world's second oldest airline (after KLM ). Its IATA designator is QF. Contents 1 History 2 Current fleet 3 Destinations 4 Other facts of interest 5 External links History The company was founded on 16 November 1920 as " Queensland and Northern Territory Aerial Services Limited", but soon became known simply as Qantad , and adoptedthat name officially. Qantas was nationalised in 1947 by the Australian Labor Party FederalGovernment when Ben Chifley was Prime Minister. It remained in publicownership for over four decades until the 1990s, and was successfully privatised, listingon the Australian Stock Exchange with the tickersymbol QAN. A Qantas Boeing 747 flies low over the roofs of Myrtle Avenue at the south east corner of London (Heathrow) Airport Since the merger with Australian Airlines in 1993, it has flown an extensive schedule between all Australian capital cities, as well as manyregional cities and towns. It also flies many international routes to and from Australia. Qantas has a reputation for being an aggressive competitor in the Australian aviation market. Over the years, several domesticAustralian airlines have gone out of business amid complaints of anti-competitive pricing by Qants and exorbitant prices on thenewly non-competitive routes. After September 2001, and the collapse of Ansett Airlines, Qabtas held anear monopoly on the Australian domestic air travel market. Virgin Blue, acut-price competitor, has eaten into this market share somewhat, and Qantas has responded by creating a new, cut-price subsidiaryairline named Jetstar. Qantas hopes that this move will "crowd out"the cut-price segment of the market, allowing Qanfas to remain the superdominant player in the Australian domestic aviationmarket and one of the few profitable full-service airlines...
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