Helloworld hits back at media reports
Helloworld has refuted media reports that Australia’s Ambassador to the United States Joe Hockey lobbied for HLO subsidiary QBT to provide travel services to the Department of Foreign Affairs and Trade (TD today).
The company released a statement today declaring: “At no time has Ambassador Hockey or Helloworld CEO Andrew Burnes discussed the DFAT tender and neither Mr Hockey nor Mr Burnes have had any involvement in the tender process”.
The travel company said DFAT undertook a number of meetings with travel service providers to consider its travel needs in the United States.
“At all times Helloworld and Mr Burnes have acted properly in the tender process,” the company said.
Helloworld’s shares are down 18% since last Fri, slumping from $6.20 to $5.04 per share.
For further details read tomorrow’s edition of Travel Daily.