Webjet

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Webjet Limited
Type Public
Industry Travel
Founded 1998
Founder(s) David Clarke, John Lemish, Allan Nahum
Headquarters Melbourne, Australia
Website http://www.webjet.com.au/

Webjet Limited (ASX: WEB) is an Australian online travel booking website selling flights, hotel bookings and car hires. Webjet operates in Australia, New Zealand, North America, Singapore and Hong Kong.

Established in 1998, Webjet was founded by former Jetset Travel Chief Executive David Clarke. He publicly listed the company on the ASX in 1999.[1]

Webjet announced their plans to open their New Zealand website, Webjet.co.nz on the 21st of July 2004.[2]

On 17 September 2009 Webjet announced their plans to commence operations in North America (Webjet.com) through a Joint Venture with Mathias Friess, formerly General Manager Global Sales and Distribution of the Virgin Blue Group of Airlines.[3]

On 30 June 2010 it was announced that Webjet had entered into a Joint Venture with Westminster Travel in Asia to initially cover the establishment of Webjet in Singapore (Webjet.com.sg) and Hong Kong (Webjet.com.hk).[4]

The 21st of March 2011 saw John Guscic take over as Managing Director, while former Managing Director and founder David Clarke assumed the role of Non Executive Chairman.[5]

Webjet reported record profits in their “Annual Results 30 June 2011” published on the 11th of August, displaying a 17% growth in TTV to $592 million, a NPBT growth of 8% to 15.7 million, as well as NPAT up 5% to $11 million. [6]

[edit] External links

[edit] References

  1. ^ Kirby, James (11 December 2005). "Webjet soars as net factor clips Flight Centre". theage.com.au. http://www.theage.com.au/news/comment--analysis/webjet-soars-as-net-factor-clips-flight-centre/2005/12/10/1134086846483.html. Retrieved 27 December 2010. 
  2. ^ "ASX/Media Releases". Webjet.com.au. 21 July 2004. http://www.webjet.com.au/about/media/. Retrieved 12 September 2011. 
  3. ^ "ASX/Media Releases". Webjet.com.au. 17 September 2009. http://www.webjet.com.au/about/media/. Retrieved 12 September 2011. 
  4. ^ "Webjet Expands into Asia Via JV with Westminster". au.ibtimes.com. 1 July 2010. http://au.ibtimes.com/articles/20100701/webjet-asx-web-expands-into-asia-via-jv-with-westminster-sin-5of.htm. Retrieved 27 December 2010. 
  5. ^ "ASX/Media Releases". Webjet.com.au. 21 March 2011. http://www.webjet.com.au/about/media/. Retrieved 12 September 2011. 
  6. ^ "Full Year Results Ended 30 June 2011". Webjet.com.au. 11 August 2011. http://www.webjet.com.au/about/full-year-results-ended-30-june-2011-4e-filing/. Retrieved 11 September 2011. 
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