AIRLINE INDUSTRY ENVIRONMENT
Qantas was dealing with a large change from the period of 1978 to 1994. This was brought by the Deregulation Act in the United States where other foreign airline industries were affected. Before 1992, Qantas was limited to flying international routes only while Australian Airlines was in charge of the domestic flights. During this regulated environment, Qantas and Australian Airlines were government owned and decided to separate the international and domestic airlines.
Similarly, the airlines in other countries were considered small carriers. …
