A federal Transport Department report released this week shows international travellers were flying in record numbers in 2008.
The Managing Director of Webjet has confirmed that ticket sales rose in the second half of 2008, and have continued strongly in the first few days of the new year.
In the Herald-Sun today Geoff Easdown has noted that the popularity of the new A380 may be shielding Qantas from the worst of the economic storm, by carrying profitable loads of passengers between Australia and the United States. Another A380 will begin flying on the London route next week.
Unfortunately however, Tourism Australia is anticipating falling numbers of international visitors this year, contributing to what The Age is describing as a mixed picture for the tourism industry .
Stocks for your watchlist:
QAN: Qantas
VBA: Virgin Blue
AIZ: Air New Zealand
FLT: Flight Centre
WEB: Webjet
Further Information:
http://www.news.com.au/heraldsun/story/0,21985,24885000-664,00.html
http://www.theage.com.au/travel/travellers-snap-up-cheap-airfares-20090106-7atd.html
Reuters News Feed through Market Analyser
Tags: Air New Zealand, Flight Centre, Qantas, Virgin Blue, Webjet
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