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Additional information
Additional Information
Market: ASX
Sector: Aerospace
Epic: ASX:WEB
News: Latest news
Web Site: Webjet
Other Articles:

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Monday March 15, 10:21Diamondcorp: a big cash injection and a lot of work to do

70% of the new money was raised from current shareholders, reflecting a hefty amount of faith in the management to deliver.

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Monday March 15, 11:38Calvin Klein owner buys Tommy Hilfiger for US$3 billion from Apax Partners

The New York listed shirt and neckwear company is paying €1.924 billion in cash and issuing €276 million in PVH common stock (approximately 8.7 million shares) to fund the transaction.

 

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Monday March 15, 08:01China's growth boosting commodity prices

The latest economic figures from China have put pressure on the dollar and boosted a number of high-yielding currencies, including the Australian dollar and the South African rand.

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Webjet

Webjet

Webjet, as the name suggests, operates an online travel service
Monday, January 05, 2009

Webjet books large sales growth - defies gloom

Webjet (ASX:WEB) has announced that preliminary figures for the half year to 31 December 2008 indicate a total transaction value of approximately $180 million compared with approximately $158 million for the same period last year, an increase of 14%.

During the same period despite a generally reported downturn in Australian air travel volumes, total transaction numbers increased by approximately 19% on the same period last year which reflects the substantial reduction in air fare ticket prices as airlines move to reduce fuel surcharges and provide the market with aggressively priced bargains.

Webjet Managing Director, David Clarke, said “despite the general gloom we expect that profit for the period will show a similar level of increase on last year and early holiday period January bookings have continued strongly driven in part by our early commencement of our media marketing campaign for 2009 on the National 7 (ASX:SEV) network.

The company said, although these early figures are extremely encouraging and suggest an increase in market share for Webjet it is too early at this juncture to form clear views on booking trends for 2009.

Webjet shares were trading up 4.7%, to $1.01.

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