Flight Centre surprised by ACCC appeal action.
RUSSELL Carstensen, gm of air services for Helloworld, was the company’s highest paid executive in 2014/15, with his remuneration outstripping that of ceo Elizabeth Gaines.
ECHO Entertainment Group will seek shareholder approval to rebrand the group as The Star Entertainment Group at its next annual general meeting.
HELLOWORLD today reported its results for the year to 30 Jun (TD breaking news), with the figures reflecting the ongoing evolution of the business.
Helloworld "adjusted profit before tax" of $6.9 million, statutory result a loss of $198.4 million.Helloworld has just released its figures for the year to 30 Jun, with the previously announced $205.3 million non-cash goodwill writedown bringing the overall result to a loss of $198.4 million.However the Adjusted Profit before tax was $6.9 million, which the company said was a "significant improvement" on the previous year's result which was a $1.7 million loss.
Record TTV of $17.6 billion, up 9.7% but underlying profit dips 3.4%.
FLIGHT Centre turned over an extra $1.55 billion in the last year, boosting its global TTV to $17.6b.
MANTRA Group today reported its results for the year to 30 Jun, with net profit after tax of $36.2 million and the addition of 11 new properties to its portfolio.
MAGELLAN Travel Group has announced a 48% increase in profit for 2014/15, with members to share in a record $8.8 million.
A “WORLDWIDE investigation” into the alleged govt subsidies handed out to Gulf carriers to help prop up their “failing” businesses, claims to have found damming evidence against Etihad Airways.