full-year results

Aviation

Rex reports $4.9m full-year loss, extends suspension of services and stand-downs

by Huntley Mitchell

Rex’s negative result for FY21 wasn’t quite as bad as last year’s. In fact, the airline’s boss reckons it performed “relatively well”.

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Travel Agents

“There is finally some light at the end of the tunnel”: Helloworld boss backs vaccination pathway following $35.9m loss

Andrew Burnes has spoken optimistically about the company’s future prospects, even quoting Captain James Cook from way back in 1770.

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Aviation

Qantas suffers $1.9bn loss, with international flights “unlikely” before July 2021

by Huntley Mitchell

The Flying Kangaroo has essentially racked the international travel queue until mid-next year, but it still holds out hope for a trans-Tasman ‘bubble’ before then.

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Technology

Webjet reveals “devastating” COVID-19 damage to full-year results

by Huntley Mitchell

The ASX-listed online travel company is carrying a number of financial bumps and bruises from the coronavirus.

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Aviation

Sydney Airport CEO pleased with “resilient” full-year results

by Huntley Mitchell

Geoff Culbert has remained upbeat about the company’s full-year results against what he says were “some of the toughest trading conditions we’ve seen since the financial crisis”.

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Aviation

Virgin reports highest domestic earnings, despite sixth full-year loss

The airline said the $653.3 million loss was due to accounting adjustments, reporting their highest underlying profit in 10 years.

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Travel Agents

Flight Centre reports another record-breaking full-year result

Outlining its full-year results, the travel giant touched on its recent move to introduce a new wage model for agents.

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Wholesalers

Corporate Travel Management just reported its strongest ever full-year results

Meanwhile, Travel Weekly have just reported their weakest ever coffee. We’ve sent the intern down to berate our barista for only including two shots.

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