Why Webjet (ASX:WEB) shares have taken off
Webjet Group (WEB) shares soared after the company announced its bookings are now tracking at 95% of pre-pandemic levels, bouncing back strongly ...
Source: businessinsider.com
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Domestic border reopenings help Webjet's OTA business return to profitability – Travel Weekly
Huntley Mitchell 17 Feb 2021 Webjet’s online travel agency division has enjoyed a profitable first half of the 2021 financial year, driven by the reopening of domestic borders. After suffering a $6.2 million loss in the second half of FY20, Webjet OTA posted $1.1 million in earnings before interest, taxes, depreciation and amortisation (EBITDA) in the six months to 31 December. Webjet managing director John Guscic said the company’s OTA business saw significant organic bookings traffic as soon as domestic borders opened. “We continue ...
Source: travelweekly.com.au