Webjet boss backs stronger consumer protections for travel industry

Webjet boss backs stronger consumer protections for travel industry

Webjet chief John Guscic said airline customers had been disproportionately let down by poor consumer protection measures,as the company reported its results.

  • byAmelia McGuire

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Webjet roars back to profit with $150 million turnaround

Webjet roars back to profit with $150 million turnaround

Chief executive officer John Guscic said Webjet’s streamlining of costs over the past two years had positioned the business for stronger growth than before COVID-19.

  • byAmelia McGuire
The top holidays luring interstate visitors to Queensland

The top holidays luring interstate visitors to Queensland

The state’s tourism operators are expecting a bumper Christmas season,but the Gold and Sunshine coasts have seen a drop in bookings in favour of higher-end beach resorts.

  • byCloe Read
‘We’re back,baby!’:Webjet soars on bullish outlook

‘We’re back,baby!’:Webjet soars on bullish outlook

Webjet’s chief executive John Guscic expects the group’s profits will exceed pre-pandemic levels by the end of this financial year.

  • byAmelia McGuire
London flight demand ‘back to pre-COVID’ but full recovery far off

London flight demand ‘back to pre-COVID’ but full recovery far off

Singapore Airlines says demand for flights from Australia to London has already bounced back to pre-COVID levels,but the slow return of other carriers and lingering travel restrictions mean the travel market will not revert to normal any time soon.

  • byPatrick Hatch
US,Asia demand a ballast against Europe’s new COVID wave,says Webjet

US,Asia demand a ballast against Europe’s new COVID wave,says Webjet

Travel group Webjet is hopeful surging demand in Asia and North America will offset the impact of the fourth COVID-19 wave crashing onto Europe and forcing parts of the continent back into lockdown.

  • byPatrick Hatch
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Webjet boss says border rules needed for traveller confidence

Webjet boss says border rules needed for traveller confidence

John Guscic says clear frameworks governing when international borders open and close will be essential to give the public confidence to make travel plans.

  • byPatrick Hatch
‘QantasKeeper’ drives rally in grounded travel stocks

‘QantasKeeper’ drives rally in grounded travel stocks

Australia’s downtrodden listed travel sector has received a shot in the arm courtesy of a $1.2 billion federal support scheme that drove major beneficiary Qantas’ share price to a four month high on Thursday.

  • byPatrick Hatch
'We’re not shy of the battle':Webjet to take on Expedia,Booking.com in online hotel market

'We’re not shy of the battle':Webjet to take on Expedia,Booking.com in online hotel market

Webjet CEO John Guscic has criticised snap decisions to close borders,as the online flight booking group eyes an expansion into online hotel booking.

  • byPatrick Hatch
Webjet readies for buyouts after raising more cash

Webjet readies for buyouts after raising more cash

Online travel agent Webjet says it will emerge from hibernation ready to make acquisitions after raising $160 million to boost liquidity and fund takeover deals.

  • byPatrick Hatch
Oil price optimism pushes ASX to three-week high

Oil price optimism pushes ASX to three-week high

The local bourse has closed sharply higher on hopes of an end to the oil glut,as companies continue to search out funds to get through their COVID-19 hibernation.

  • byLucy Battersby