Webjet profits take off

January 29th, 2010

Webjet has posted an impressive 40% increase in first-half profit, a further sign that things are looking skyward for the travel industry after an unpleasant 2009.

Webjet has reported transaction values are up 37%, market share is increasing, and demand for international and domestic travel services is on the rise. An iPhone app and a loyalty program with American Express are also on Webjet s horizon.

Hopefully this good news doesn t mean the end of fabulously cheap airfares.

Webjet
ASX Code: WEB

Chart from Rapid Trader trade through Rapid Trader and get free live ASX data until June 2010.

For more on this news:

The Australian: Webjet flying high as travellers return

Post to Twitter

Tags: , , ,

This entry was posted on Friday, January 29th, 2010 at 11:05 am and is filed under ASX Company News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

2 Responses to “Webjet profits take off”

  1. Airline compare : Flights Last Minute Vegas – Make Savings On A Vegas | Airline Compare says:
    January 31, 2010 at 5:07 am

    [...] Webjet profits take off | MDS Financial Blog [...]

  2. Top Rap Songs says:
    October 3, 2010 at 3:54 am

    Sweet, been a big fan of the blog for a while. Keep it up.

    rob
    r&b

Leave a Reply