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.
ASX Code: WEB
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For more on this news:
The Australian: Webjet flying high as travellers return