Headlines
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Webjet opens retail offer
Wednesday | Apr 8 2020EXISTING shareholders in Webjet look set for an instant boost, with the company today formally opening up its “retail entitlement offer” allowing them to purchase additional shares on a one for one basis.
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Airlines – we need a new strategy
Wednesday | Apr 8 2020TRAVELMANAGERS member Caroline Cox has penned this open letter to the airline sector.
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FLT capital raising success
Tuesday | Apr 7 2020FLIGHT Centre shares have jumped more than 8% today after the lifting of a trading suspension and a strong take-up of its institutional capital raising.
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Spending slide continues
Tuesday | Apr 7 2020THE implementation of lockdowns between 23 Mar and 06 Apr continued the relentless dive in consumer spending on travel, as confirmed in this week’s exclusive News Corp Australia/Travel Daily index (pictured).
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$5m event ticket refund
Tuesday | Apr 7 2020THE Australian Competition and Consumer Commission (ACCC) has successfully pursued a case against basketball promoter TEG Live Pty Limited over “false or misleading claims” about seating for games held in Melbourne.
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$50m Barossa hotel planned
Tuesday | Apr 7 2020A $50 MILLION six-star luxury hotel is being planned at the iconic Barossa Valley winery Seppeltsfield.
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FCTG cuts retail footprint
Monday | Apr 6 2020FLIGHT Centre this morning announced further radical action in response to the coronavirus crisis, including the planned closure of more than half of its leisure retail operations across the globe (TD breaking news).
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Ensemble leaving ANZ
Monday | Apr 6 2020ENSEMBLE Travel Group has confirmed the shutdown of its business in Australia and New Zealand (TD breaking news).
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Government charters QF, VA
Monday | Apr 6 2020THE Australian Government has announced the establishment of an “international aviation network” to help repatriate Aussies stranded overseas due to the coronavirus crisis.
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THL drops Togo tech JV
Monday | Apr 6 2020NEW Zealand-listed Tourism Holdings Limited (THL) has announced a “managed exit” from its Togo Group technology joint venture (TD 16 Feb 2018), in favour of a “digital strategy focusing on New Zealand and Australia” and more closely aligned with its core RV rentals business.