Road & Rail
Apollo Tourism & Leisure swings to $61.2m loss
by Huntley Mitchell
Have you been enjoying Travel Weekly’s FY20 results coverage thus far? Well, as you’ll discover here, it’s not over yet.
Technology
Jayride reports $6.9m full-year loss, but enjoys slight revenue growth
by Huntley Mitchell
Like most travel companies, Jayride was doing well before the virus that shalt not be named crashed the party.
Tourism
Village Roadshow expects “favourable trading” for theme parks from November following $117.4m loss
by Huntley Mitchell
We’re loving Village Roadshow’s theme park optimism here at Travel Weekly, mainly because we’re huge fans of roller coasters and can’t wait to get back up to the Goldie.
Tourism
Experience Co. predicts “unpredictable level of volatility” in FY21 following $51.4m loss
by Huntley Mitchell
The ASX-listed company has already gone ahead and set the bar low for FY21, having avoided a potentially “catastrophic” impact from COVID-19.
Tourism
Temporary theme park closures lead to $136.6m loss for Ardent Leisure
by Huntley Mitchell
Having recently pleaded guilty to three charges over the Dreamworld tragedy as well as being hit with a shareholder class action, Ardent Leisure now has some negative financials to worry about.
Travel Agents
Flight Centre to capitalise on industry consolidation and “the inevitable rebound” after sinking to $662m loss
by Huntley Mitchell
The travel giant’s full-year results are out, along with a fairly optimistic outlook for its future.
Aviation
Air New Zealand swings to $416m loss, but domestic green shoots emerge
by Huntley Mitchell
As the headline suggests, it’s not all bad news for Air New Zealand. But it is mostly bad.
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.
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.
Travel Agents
Corporate Travel Management posts $8.2m loss, but exceeds full-year expectations
by Huntley Mitchell
Do you happen to own shares in CTM? Well, we’ve got mainly bad news for you today, topped off with a sprinkling of optimism.
Travel Agents
Brexit, Hong Kong and disruption to blame for “challenging” start to FY20: Flight Centre MD
Flight Centre held its annual general meeting yesterday, addressing the lack of women on its board and the company’s tricky start to the financial year.