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Qantas was founded in the Queensland outback in 1920. Registered
originally as the Queensland and Northern Territory Aerial Services
Limited (QANTAS), we have built a reputation for excellence in safety,
operational reliability, engineering and maintenance, and customer
service.
Today, Qantas is widely regarded as the world's
leading long distance airline and one of the strongest brands in
Australia. We also operate subsidiary businesses including other
airlines, and businesses in specialist markets such as Qantas Holidays
and Qantas Flight Catering.
Corporate Governance
Structure
The Qantas Board of Directors is responsible for ensuring that Qantas
has an appropriate corporate governance structure to ensure the
creation and protection of shareholder value. This requires that
appropriate accountability and control systems are in place.
The Board endorses each of the Australian Stock
Exchange (ASX) Corporate Governance Council's Principles of Good
Corporate Governance and Best Practice Recommendations (ASX Principles)
published in March 2003. In response to the ASX Principles, Qantas
is publicly disclosing each of its corporate governance tools. This
Corporate Governance section exemplifies Qantas' commitment to corporate
governance. At Qantas, the Board maintains,
and ensures that Qantas management maintains, the highest level
of corporate ethics. As such, the various charters, policies and
codes located under this Corporate Governance section will be reviewed,
and where necessary, updated, on a regular basis.
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