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QAN meaning in Business ?

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Answer: What is Queensland And Northern Territory Aerial Services Limited mean?

Qantas Airways Limited () is the flag carrier of Australia and its largest airline by fleet size, international flights and international destinations. It is the world's third-oldest airline still in operation, having been founded in November 1920; it began international passenger flights in May 1935. Qantas is an acronym of the airline's original name, Queensland and Northern Territory Aerial Services, as it originally served Queensland and the Northern Territory, and is popularly nicknamed "The Flying Kangaroo". Qantas is a founding member of the Oneworld airline alliance.

The airline is based in the Sydney suburb of Mascot, adjacent to its main hub at Sydney Airport. As of March 2014, Qantas had a 65-per-cent share of the Australian domestic market and carried 14.9 per cent of all passengers travelling in and out of Australia. Various subsidiary airlines operate to regional centres and on some trunk routes within Australia under the QantasLink banner. Qantas also owns Jetstar, a low-cost airline that operates both international services from Australia and domestic services within Australia and New Zealand; and holds stakes in a number of other Jetstar-branded airlines.

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