Webjet reports strong growth across the board

Webjet reports strong growth across the board

Webjet has a 20% increase in earnings in its sights for the 2016 financial year as it said it was delivering “substantial outperformance” in all sectors.

Webjet TTV is growing at more than 15%, with Zuji TTV up more than 20%, managing director John Guscic revealed at today’s annual general meeting.

Guscic attributed the strong performance to a combination of the company’s technology, marketing and development plans and outlined a guidance of of $33.5 million in underlying earnings for the year, up around 20% on last year.

“Our guidance number reflects the fact that all of our business units are exhibiting strong growth,” he said.

The year has seen Webjet invest $3 miullion into the development of its digital B2B business in North America and Europe.

Guscic confirmed that Webjet continues to be on the look out for additional attractive acquisition opportunities.

Meanwhile, the Webjet board confirmed it would extend the term of Guscic’s contract to the end of June 2018.

Latest News

  • Destinations
  • News

APT Launches 2025 Asia Adventures

APT has launched its Asia Adventures for 2025, including new luxury holidays in India, Sri Lanka and Japan. Five new tours lead guests to the highlights of India, including a seven-night cruise along the rarely travelled Lower Ganges aboard the Ganges Voyager. Further south, Sri Lanka’s greatest destinations are revealed on a new 15-day Land […]

  • Cruise
  • Luxury
  • News

Seabourn announces Western Kimberley Traditional Owners as Godparents of Seabourn Pursuit

Seabourn has named Western Kimberley Traditional Owners, the Wunambal Gaambera, as Godparents of the ultra-luxury purpose-built Seabourn Pursuit. It is the first cruise line to appoint Traditional Owners as godparents of a ship. Seabourn Pursuit embarks on its inaugural season in the Kimberley region this June. The naming ceremony will take place on Seabourn Pursuit’s […]

  • Luxury

Malolo Island Resort opens brand new Spa

Fiji’s Malolo Island has added another string to its bow – opening its $1.3 million day spa on Thursday, 18th April 2024. (Lead Image: matriarch Rosie Whitton with spa staff) Located at the edge of the resort’s luscious patch of tropical rainforest, the new “Leilani’s Spa” adds another level of elevated experiences to Malolo’s already […]