Headlines
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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.
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Ethical tourism a must
Wednesday | Aug 22 2018TRAVEL agents play a vital role in educating consumers on ethical travel and those who equip themselves with the knowledge to sell ethical experiences will see a commercial benefit, according to a panel at yesterday’s Travel Industry Exhibition in Sydney.
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HLO reports profit jump
Tuesday | Aug 21 2018HELLOWORLD Travel ceo Andrew Burnes says the outlook for the company is “very positive” after reporting a 48% year-on-year increase in after-tax profit to $32 million (TD breaking news).
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Silversea set to overtake
Tuesday | Aug 21 2018SILVERSEA Cruises will step up its presence in the local market under new head Adam Armstrong, aiming to lift Australia into second place among the line’s key markets.
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Sri Lanka to appoint local rep
Tuesday | Aug 21 2018SRI Lankan Tourism this morning confirmed aggressive plans to target the Australian market, including the appointment of a third party destination representative.
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Lux Esc turns to trade
Monday | Aug 20 2018TRAVELMANAGERS has become the first retail group to enter into a commercial partnership with e-commerce travel provider Luxury Escapes.