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Online booms for Webjet

WEBJET this morning revealed another record performance, with TTV increasing 28.8% y.o.y to $1.63 billion and net profit after tax up 27% to $22.2 million for the year (TD breaking news). CEO John Gucsic said the business continues to benefit from the “ongoing acceleration of bookings shifting online”. He said Webjet continues to significantly outperform the general travel market, with the OTA’s domestic bookings up 13% in the last year, against broader industry growth of 1.7%. On the international front, Webjet’s bookings ...

The above snippet is the first part of an article sent to subscribers in Travel Daily's issue from 18 Aug 16

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