Headlines
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Veriu appoints new chief
Friday | Aug 24 2018SYDNEY-BASED Veriu Hotels has announced the appointment Zed Sanjana to the role of ceo, where he will be charged with growing its portfolio of 20 hotels in Sydney, Melbourne & Brisbane.
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Lux Escapes plans more
Friday | Aug 24 2018LUXURY Escapes is planning to launch a deal with one other partner this year, ceo Adam Schwab told Travel Daily.
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FC flags wage increases
Friday | Aug 24 2018FLIGHT Centre has raised the prospect of increased wage costs as it works to finalise a new Enterprise Bargaining Agreement (EBA) for its leisure sales staff.
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Corp driving FC growth
Friday | Aug 24 2018CORPORATE travel has helped drive Flight Centre’s record financial results (TD yesterday), contributing $7.7 billion or 35% of total transaction value (TTV).
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FC profit hits new record
Thursday | Aug 23 2018FLIGHT Centre has revealed a record underlying pre-tax profit of $384.7m, despite sluggish growth in Australia (TD breaking news).
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QF’s record $1.6b profit
Thursday | Aug 23 2018QANTAS has revealed the best financial result of its 98-year history, with its underlying profit before tax up 14% to $1.6 billion in 2017/18 (TD breaking news).
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Australia key to Air NZ result
Thursday | Aug 23 2018AIR New Zealand this morning reported a NZ$540 million pre-tax profit result for the year to 30 Jun – its second best ever – with Australia a “standout performer” in driving the performance, according to NZ chief commercial officer, Cam Wallace.
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Webjet claims record year
Thursday | Aug 23 2018WEBJET ceo John Gucsic this morning unveiled the results of what he described as “another outstanding year” for the company, with TTV up 47% to $3 billion and revenue more than doubling to $761 million.
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SeaLink’s Ellison to retire
Wednesday | Aug 22 2018JEFF Ellison, managing director of SeaLink Travel Group, is set to retire from his role on or before Oct 2019, with the intention of remaining as ceo until a successor is appointed.
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FC mark-ups questioned
Wednesday | Aug 22 2018FLIGHT Centre has defended its practices around airfare mark-ups after an ABC investigation alleging consultants are being encouraged to “gouge” customers.