Webjet Limited (WEB) will go ex dividend on 24/3/2011. The current dividend payment is 5 cents and it is 100% franked. The record date is 30/3/2011 and the dividend will be paid on 14/4/2011. Based on the full year payment the dividend yield is 5.0%.
*Current Yield: 2.4% Franking: 100% DRP Discount: Not Available
*Yield has been calculated on the closing price on the 14/3/2011. Current yield is based on the current dividend payment only.
Webjet (WEB) announced a series of developments designed to propel a number of significant strategic initiatives. It has entered in to a 50% joint venture with World Aviation Services Limited Malta to facilitate the entry into certain emerging European markets in 2011. Webjet Singapore is scheduled to commence at the end of the month following the launch of Hong Kong as part of our partnership operations with Westminster Travel. Webjet in America expects its Canadian site to be operational this week following the introduction of our USA Spanish language site. As part of its hotel platform for all regions Webjet has entered into a major hotel supply arrangement with Hotel Club(6) which will effectively provide a total of over 100,000 worldwide hotels. It are extending our resource contract with IGT(2) into Manila to provide for scaleable lower cost Transactions service and ticketing support.
Commenting Webjet’s Managing Director said: The combination of these significant partnerships will significantly propel our development over the next several years. As part of these plans we are also substantially strengthening our management resources to ensure that full focus is maintained on our core Australian business, simultaneously with the necessary resources to rapidly develop our international operations. As at the half year filing in February it will provide some guidance metrics on the level of start up costs and capital commitments which are being conservatively and cautiously managed.
The World Aviation Group will be providing fulfillment services for Webjet Europe. Established in 1989 as an Australian-Maltese joint venture sales, marketing and airline representation company. operating from a large, modern facility located in the Malta International Airport employing over 160 specialists in various fields, it provides state of the art global contact centre services in seven languages; and Business Process Outsourcing handling revenue and accounting functions, business process outsourcing and other back office services to the aviation, travel, tourism and other industries. IGT – InterGlobe Technologies Manila, a global service provider of Business Process Outsourcing solutions to the travel and transportation industry will commence servicing aspects of Webjet’s service centre from its 500 seat service delivery centre with complete training facilities and state-of-the-art technology and is one of the fastest growing companies in APAC. Chloe Lim – Online veteran and best known in the travel industry for her achievements with Orbitz Hotel Club globally. Chloe was an integral part of growing the company into a multi million dollar business using innovative online marketing tactics and pioneered the launch of world first online hotel rewards program, expanded the company internationally by providing the services in 15 languages and 19 currencies and increased company traffic four times to 8 million visitors per month. John Guscic – Brings a wide breadth of international experience to the role and has been Chief Commercial Officer of GTA with global responsibility over the last three years, and from his involvement with Webjet as a Board member, has a comprehensive and full understanding of Webjet’s operation and strategy. Hotel Club is part of the international Orbitz group, and is one of the world’s largest internet sellers of hotels.
http://www.traderdealer.com.au/Fundamentals/web
Webjet Limited (WEB) will go ex dividend on 20/9/2010. The current dividend payment is 5.5 cents and it is 100% franked. The record date is 24/9/2010 and the dividend will be paid on 8/10/2010. Based on the full year payment the dividend yield is 4.8%.
*Current Yield: 2.5% Franking: 100% DRP Discount: Not Available
*Yield has been calculated on the closing price on the 2/9/2010. Current yield is based on the current dividend payment only.
Webjet (WEB) announced plans and agreements to expand operations into Asia. This follows the commencement of operations in North America which commenced on schedule and successfully in April.
Commenting, Webjet Managing Director David Clarke said: Following nearly a year of research we are delighted to announce that we have entered into a 50% joint venture with Westminster Travel which is one of the region’s most respected and leading travel organisations. It is a company with very high service standards. In our view, Asia represents a significant international growth region. Operations under the Webjet brand, and utilising Webjet’s world leading technology, will commence later this year initially in Hong Kong and Singapore. Westminster Travel, with its vast experience in the region, will provide local management and multilingual customer service facilities and as a result will provide substantial economy of scale during the initial stages of development along with a deep understanding of the local markets and opportunities.
Webjet expects to be able to add significant value from Asia to its airline associations and in common with Webjet in North America, bring together transpac traffic volumes. Initial operations will focus on leisure and SME business in flights, and hotels through Stay n Pay.
Westminster Travel, a company listed on the Singapore Exchange, is a Hong Kong based leading travel agency offering a wide spectrum of services for corporate travel, leisure travel and wholesale travel products. It has operations in Hong Kong, Macau, Singapore, Taiwan and mainland China.
http://www.traderdealer.com.au/Fundamentals/WEB
Webjet Limited (WEB) will go ex dividend on 25/3/2010. The current dividend payment is 5 cents and it is 100% franked. The record date is 31/3/2010 and the dividend will be paid on 14/4/2010. Based on the full year payment the dividend yield is 3.4%.
*Current Yield: 2.1% Franking: 100% DRP Discount: Not Available
*Yield has been calculated on the closing price on the 5/3/2010. Current yield is based on the current dividend payment only.
Webjet Limited (WEB) will go ex dividend on 25/3/2010. The current dividend payment is 5 cents and it is 100% franked. The record date is 31/3/2010 and the dividend will be paid on 14/4/2010. Based on the full year payment the dividend yield is 3.6%.
*Current Yield: 2.2% Franking: 100% DRP Discount: Not Available
*Yield has been calculated on the closing price on the 12/2/2010. Current yield is based on the current dividend payment only.
Webjet (WEB) today announced that it has entered into a series of agreements which will lead to the commencement of Operations in North America in early 2010.
Commenting, Webjet MD David Clarke said “We are excited to advise, that after an extensive analysis of off shore regions as foreshadowed in our ASX announcement of 06 August 2009, we have completed agreements which will see WEBJET commence operations on WEBJET.COM early next year.
The operation will take the form of a 50% joint venture in conjunction with Mathias Friess, formerly General Manager Global Sales and Distribution of the Virgin Blue Group of Airlines and previously Head of Sales North America for Lufthansa. He also has extensive knowledge of the Latin America markets gathered during his tenure as Country Manager for Argentina, Chile and Uruguay for Lufthansa. The joint venture will acquire the business assets but no liabilities of two existing websites Farecrawler.com and Whentofly.com. Webjet’s equity and funding will be limited to $1million dollars US with appropriate currency protections. Webjet.com will focus on long haul leisure travel from North America to Australia and the Pacific, Europe, Latin America and Asia. The joint venture will initially be constructed as close as possible to a virtual organisation to ensure lowest possible fixed costs.
Webjet Limited (WEB) will go ex dividend on 18/9/2009. The current dividend payment is 3.5 cents and it is 100% franked. The record date is 24/9/2009 and the dividend will be paid on 8/10/2009. Based on the full year payment the dividend yield is 3.3%.
Current Yield: 2.1% Franking: 100% DRP Discount: Not Available
*Yield has been calculated on the closing price on the 4/9/2009. Current yield is based on the current dividend payment only.
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
